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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Norwegian Krone/Israeli Shekel (FOREX:NOKILS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_NOKILS
Open High Low NOKILS Price Change
0.425265 0.425825 0.421960 0.421960 -0.003305
Entry Signal

MarketClub’s Trade Triangles for NOKILS

long term down The long term trend has been DOWN since Nov 3rd, 2017 at 0.429555

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

short term up The short term trend has been UP since Dec 12th, 2017 at 0.425635

Smart Scan Analysis for NOKILS

Based on a pre-defined weighted trend formula for chart analysis, NOKILS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NOKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.425265 0.425825 0.421960 0.421960 -0.003305
Prev. Close Volume Bid Ask Time
0.425265 0.421910 0.422010 2017-12-15 12:47:21
Want to analyze Norwegian Krone/Israeli Shekel NOKILS or another symbol? Try our Free Forex Trend Analysis Report.