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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

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
32.75145 32.88265 32.74135 32.78120 +0.02975
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long term trend has been UP since Sep 18th, 2017 at 33.12925

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2017 at 32.88880

short term up The short term trend has been UP since Oct 23rd, 2017 at 32.87870

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
32.75145 32.88265 32.74135 32.78120 +0.02975
Prev. Close Volume Bid Ask Time
32.75145 32.76360 32.79880 2017-10-23 15:05:22
Want to analyze Norwegian Krone/Hungarian Forint NOKHUF or another symbol? Try our Free Forex Trend Analysis Report.