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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.

Open High Low NOKCHF Price Change
12.344 12.390 12.320 12.387 +0.043
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term up The long term trend has been UP since Mar 15th, 2018 at 12.270623

intermediate term up The intermediate term trend has been UP since Apr 12th, 2018 at 12.363003

short term down The short term trend has been DOWN since Apr 23rd, 2018 at 12.429000

Smart Scan Analysis for NOKCHF

Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.344 12.390 12.320 12.387 +0.043
Prev. Close Volume Bid Ask Time
12.344 12.384 12.390 2018-04-26 09:02:16
Want to analyze Norwegian Krone/Swiss Franc NOKCHF or another symbol? Try our Free Forex Trend Analysis Report.