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Forex Trend Analysis Report

Prepared for you on Sunday, April 30, 2017.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
11.600000 11.640500 11.579428 11.590500 -0.009500
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term up The long term trend has been UP since Dec 13th, 2016 at 11.889528

intermediate term down The intermediate term trend has been DOWN since Mar 2nd, 2017 at 11.940000

short term down The short term trend has been DOWN since Apr 27th, 2017 at 11.560000

Smart Scan Analysis for NOKCHF

Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.600000 11.640500 11.579428 11.590500 -0.009500
Prev. Close Volume Bid Ask Time
11.590000 11.577000 11.604000 2017-04-28 18:42:45
Want to analyze Norwegian Krone/Swiss Franc NOKCHF or another symbol? Try our Free Forex Trend Analysis Report.