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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Norwegian Krone/Euro (FOREX:NOKEUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_NOKEUR
Open High Low NOKEUR Price Change
0.107270 0.107340 0.107260 0.107315 +0.000045
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 Aug 11th, 2017 at 0.106406

short term up The short term trend has been UP since Aug 15th, 2017 at 0.107095

Smart Scan Analysis for NOKEUR

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

-55
Smart Scan Analysis for NOKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.107270 0.107340 0.107260 0.107315 +0.000045
Prev. Close Volume Bid Ask Time
0.107270 0.107300 0.107330 2017-08-17 01:57:16
Want to analyze Norwegian Krone/Euro NOKEUR or another symbol? Try our Free Forex Trend Analysis Report.