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Forex Trend Analysis Report

Prepared for you on Sunday, April 30, 2017.

Norwegian Krone/Euro (FOREX:NOKEUR)

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_NOKEUR
Open High Low NOKEUR Price Change
0.107420 0.107540 0.106855 0.106905 -0.000515
Entry Signal

MarketClub’s Trade Triangles for NOKEUR

long term down The long term trend has been DOWN since Mar 10th, 2017 at 0.109630

intermediate term down The intermediate term trend has been DOWN since Apr 20th, 2017 at 0.108145

short term down The short term trend has been DOWN since Apr 17th, 2017 at 0.109660

Smart Scan Analysis for NOKEUR

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

-100
Smart Scan Analysis for NOKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.107420 0.107540 0.106855 0.106905 -0.000515
Prev. Close Volume Bid Ask Time
0.107155 0.106820 0.106990 2017-04-28 18:56:00
Want to analyze Norwegian Krone/Euro NOKEUR or another symbol? Try our Free Forex Trend Analysis Report.