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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

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_NOKHUF
Open High Low NOKHUF Price Change
33.95560 34.03575 33.65015 33.69600 -0.25960
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term down The long term trend has been DOWN since Sep 7th, 2018 at 33.13205

intermediate term up The intermediate term trend has been UP since Sep 12th, 2018 at 33.82690

short term down The short term trend has been DOWN since Sep 20th, 2018 at 33.79805

Smart Scan Analysis for NOKHUF

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

-55
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.95560 34.03575 33.65015 33.69600 -0.25960
Prev. Close Volume Bid Ask Time
33.95560 33.65390 33.73810 2018-09-20 19:51:17
Want to analyze Norwegian Krone/Hungarian Forint NOKHUF or another symbol? Try our Free Forex Trend Analysis Report.