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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
2.63460 2.64995 2.63120 2.64695 +0.01235
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long term trend has been DOWN since Mar 9th, 2017 at 2.9806

intermediate term up The intermediate term trend has been UP since Jan 7th, 2018 at 2.6401

short term down The short term trend has been DOWN since Jan 16th, 2018 at 2.6326

Smart Scan Analysis for NOKCZK

Based on a pre-defined weighted trend formula for chart analysis, NOKCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.63460 2.64995 2.63120 2.64695 +0.01235
Prev. Close Volume Bid Ask Time
2.63460 2.64460 2.64930 2018-01-17 17:18:54
Want to analyze Norwegian Krone/Czech Koruna NOKCZK or another symbol? Try our Free Forex Trend Analysis Report.