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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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
12.2375 12.2415 12.2300 12.2370 -0.0005
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term down The long term trend has been DOWN since Nov 15th, 2017 at 11.993

intermediate term up The intermediate term trend has been UP since Jan 3rd, 2018 at 12.030

short term up The short term trend has been UP since Dec 26th, 2017 at 11.910

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
12.2375 12.2415 12.2300 12.2370 -0.0005
Prev. Close Volume Bid Ask Time
12.2375 12.2340 12.2400 2018-01-23 02:55:46
Want to analyze Norwegian Krone/Swiss Franc NOKCHF or another symbol? Try our Free Forex Trend Analysis Report.