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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
33.17480 33.22755 33.17275 33.21655 +0.04175
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 down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 33.99835

short term down The short term trend has been DOWN since Dec 10th, 2018 at 33.25760

Smart Scan Analysis for NOKHUF

Based on a pre-defined weighted trend formula for chart analysis, NOKHUF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.17480 33.22755 33.17275 33.21655 +0.04175
Prev. Close Volume Bid Ask Time
33.17480 33.17620 33.25690 2018-12-16 21:14:42
Want to analyze Norwegian Krone/Hungarian Forint NOKHUF or another symbol? Try our Free Forex Trend Analysis Report.