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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Norwegian Krone/British Pound (FOREX:NOKGBP)

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_NOKGBP
Open High Low NOKGBP Price Change
0.090870 0.090905 0.089822 0.090068 -0.000802
Entry Signal

MarketClub’s Trade Triangles for NOKGBP

long term down The long term trend has been DOWN since Sep 7th, 2018 at 0.091435

intermediate term down The intermediate term trend has been DOWN since Dec 18th, 2018 at 0.090725

short term down The short term trend has been DOWN since Jan 11th, 2019 at 0.091505

Smart Scan Analysis for NOKGBP

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

-100
Smart Scan Analysis for NOKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.090870 0.090905 0.089822 0.090068 -0.000802
Prev. Close Volume Bid Ask Time
0.090870 0.090048 0.090088 2019-01-17 19:56:49
Want to analyze Norwegian Krone/British Pound NOKGBP or another symbol? Try our Free Forex Trend Analysis Report.