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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_NOKCHF
Open High Low NOKCHF Price Change
11.56150 11.60385 11.54750 11.59600 +0.03450
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term down The long term trend has been DOWN since Aug 10th, 2018 at 11.90

intermediate term down The intermediate term trend has been DOWN since Oct 24th, 2018 at 11.96

short term down The short term trend has been DOWN since Dec 6th, 2018 at 11.66

Smart Scan Analysis for NOKCHF

Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.56150 11.60385 11.54750 11.59600 +0.03450
Prev. Close Volume Bid Ask Time
11.56150 11.58000 11.61200 2018-12-11 08:42:14
Want to analyze Norwegian Krone/Swiss Franc NOKCHF or another symbol? Try our Free Forex Trend Analysis Report.