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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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_NOKCZK
Open High Low NOKCZK Price Change
2.72925 2.73360 2.72470 2.72800 -0.00125
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term up The long term trend has been UP since Mar 9th, 2018 at 2.66000

intermediate term up The intermediate term trend has been UP since Apr 30th, 2018 at 2.64865

short term down The short term trend has been DOWN since Jul 11th, 2018 at 2.74020

Smart Scan Analysis for NOKCZK

Based on a pre-defined weighted trend formula for chart analysis, NOKCZK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.72925 2.73360 2.72470 2.72800 -0.00125
Prev. Close Volume Bid Ask Time
2.72925 2.72570 2.73030 2018-07-16 22:01:33
Want to analyze Norwegian Krone/Czech Koruna NOKCZK or another symbol? Try our Free Forex Trend Analysis Report.