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Forex Trend Analysis Report

Prepared for you on Monday, June 26, 2017.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_NOKCHF
Open High Low NOKCHF Price Change
11.4870 11.4915 11.4800 11.4900 +0.0030
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term down The long term trend has been DOWN since May 4th, 2017 at 11.4700

intermediate term down The intermediate term trend has been DOWN since May 31st, 2017 at 11.4585

short term down The short term trend has been DOWN since Jun 20th, 2017 at 11.4500

Smart Scan Analysis for NOKCHF

Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.4870 11.4915 11.4800 11.4900 +0.0030
Prev. Close Volume Bid Ask Time
11.4870 11.4870 11.4930 2017-06-26 01:19:16
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