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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Norwegian Krone/ (FOREX:NOKCNH)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

FOREX_NOKCNH
Open High Low NOKCNH Price Change
0.78605 0.78605 0.78370 0.78370 -0.00235
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term down The long term trend has been DOWN since Nov 17th, 2017 at 0.83105

intermediate term down The intermediate term trend has been DOWN since May 25th, 2018 at 0.78450

short term down The short term trend has been DOWN since May 25th, 2018 at 0.78690

Smart Scan Analysis for NOKCNH

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

-100
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.78605 0.78605 0.78370 0.78370 -0.00235
Prev. Close Volume Bid Ask Time
0.78605 0.78270 0.78470 2018-05-25 18:06:07
Want to analyze Norwegian Krone/ NOKCNH or another symbol? Try our Free Forex Trend Analysis Report.