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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Norwegian Krone/Hong Kong Dollar (FOREX:NOKHKD)

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_NOKHKD
Open High Low NOKHKD Price Change
0.917535 0.919095 0.914555 0.917290 -0.000245
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 up The intermediate term trend has been UP since Jan 6th, 2019 at 0.910670

short term down The short term trend has been DOWN since Jan 13th, 2019 at 0.917765

Smart Scan Analysis for NOKHKD

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

-55
Smart Scan Analysis for NOKHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.917535 0.919095 0.914555 0.917290 -0.000245
Prev. Close Volume Bid Ask Time
0.917535 0.917100 0.917480 2019-01-17 19:59:56
Want to analyze Norwegian Krone/Hong Kong Dollar NOKHKD or another symbol? Try our Free Forex Trend Analysis Report.