Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
Norwegian Krone/Israeli Shekel (FOREX:NOKILS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.
MarketClub’s Trade Triangles for NOKILS
The long term trend has been UP since Jul 10th, 2018 at 0.454385
The intermediate term trend has been UP since Jun 12th, 2018 at 0.445515
The short term trend has been DOWN since Jul 11th, 2018 at 0.450550
Smart Scan Analysis for NOKILS
Based on a pre-defined weighted trend formula for chart analysis, NOKILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).