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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 2017.

Norwegian Krone/Israeli Shekel (FOREX:NOKILS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_NOKILS
Open High Low NOKILS Price Change
0.437010 0.437265 0.437010 0.437265 +0.000255
Entry Signal

MarketClub’s Trade Triangles for NOKILS

long term up The long term trend has been UP since Jul 14th, 2017 at 0.434435

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2017 at 0.453320

short term down The short term trend has been DOWN since Oct 17th, 2017 at 0.441840

Smart Scan Analysis for NOKILS

Based on a pre-defined weighted trend formula for chart analysis, NOKILS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NOKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.437010 0.437265 0.437010 0.437265 +0.000255
Prev. Close Volume Bid Ask Time
0.437010 0.437100 0.437430 2017-10-21 18:54:30
Want to analyze Norwegian Krone/Israeli Shekel NOKILS or another symbol? Try our Free Forex Trend Analysis Report.