Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Norwegian Krone/British Pound (FOREX:NOKGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_NOKGBP
Open High Low NOKGBP Price Change
0.090435 0.090490 0.089915 0.090010 -0.000425
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term up The long term trend has been UP since Mar 1st, 2018 at 0.092390

intermediate term down The intermediate term trend has been DOWN since Mar 25th, 2018 at 0.091085

short term down The short term trend has been DOWN since Apr 24th, 2018 at 0.090845

Smart Scan Analysis for NOKGBP

Based on a pre-defined weighted trend formula for chart analysis, NOKGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.090435 0.090490 0.089915 0.090010 -0.000425
Prev. Close Volume Bid Ask Time
0.090435 0.090000 0.090020 2018-04-25 14:25:09
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