Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Norwegian Krone/ (FOREX:NOKCNH)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_NOKCNH
Open High Low NOKCNH Price Change
0.7939 0.7939 0.7939 0.7939 0.0000
Entry Signal

MarketClub’s Trade Triangles for NOKCNH

long term down The long term trend has been DOWN since Nov 21st, 2018 at 0.8133

intermediate term down The intermediate term trend has been DOWN since Oct 30th, 2018 at 0.8406

short term up The short term trend has been UP since Jan 4th, 2019 at 0.7939

Smart Scan Analysis for NOKCNH

Based on a pre-defined weighted trend formula for chart analysis, NOKCNH scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NOKCNH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7939 0.7939 0.7939 0.7939 0.0000
Prev. Close Volume Bid Ask Time
0.7939 0.7924 0.7954 2019-01-16 13:27:10
Want to analyze Norwegian Krone/ NOKCNH or another symbol? Try our Free Forex Trend Analysis Report.