Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_NOKHUF
Open High Low NOKHUF Price Change
32.02580 32.19870 31.99155 32.14355 +0.11775
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term down The long term trend has been DOWN since Nov 14th, 2017 at 32.35835

intermediate term up The intermediate term trend has been UP since Jan 8th, 2018 at 31.92260

short term up The short term trend has been UP since Jan 16th, 2018 at 32.02300

Smart Scan Analysis for NOKHUF

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

+70
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.02580 32.19870 31.99155 32.14355 +0.11775
Prev. Close Volume Bid Ask Time
32.02580 32.12570 32.16140 2018-01-17 17:15:50
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