Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2017.
Norwegian Krone/Swiss Franc (FOREX:NOKCHF)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for NOKCHF
The long term trend has been UP since Jul 14th, 2017 at 11.760550
The intermediate term trend has been UP since Sep 21st, 2017 at 12.383801
The short term trend has been UP since Sep 14th, 2017 at 12.270000
Smart Scan Analysis for NOKCHF
Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).