Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_NOKHKD
Open High Low NOKHKD Price Change
0.931430 0.935150 0.929665 0.932550 +0.001120
Entry Signal

MarketClub’s Trade Triangles for NOKHKD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.972440

intermediate term down The intermediate term trend has been DOWN since Jul 19th, 2018 at 0.955425

short term up The short term trend has been UP since Aug 21st, 2018 at 0.933435

Smart Scan Analysis for NOKHKD

Based on a pre-defined weighted trend formula for chart analysis, NOKHKD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NOKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.931430 0.935150 0.929665 0.932550 +0.001120
Prev. Close Volume Bid Ask Time
0.931430 0.932380 0.932720 2018-08-21 12:23:54
Want to analyze Norwegian Krone/Hong Kong Dollar NOKHKD or another symbol? Try our Free Forex Trend Analysis Report.