Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
Norwegian Krone/Indian Rupee (FOREX:NOKINR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for NOKINR
The long term trend has been UP since Jan 25th, 2018 at 8.25920
The intermediate term trend has been UP since Aug 27th, 2018 at 8.42045
The short term trend has been UP since Sep 4th, 2018 at 8.53560
Smart Scan Analysis for NOKINR
Based on a pre-defined weighted trend formula for chart analysis, NOKINR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).