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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.

FOREX_NOKINR
Open High Low NOKINR Price Change
8.84465 8.85275 8.75185 8.77810 -0.06655
Entry Signal

MarketClub’s Trade Triangles for NOKINR

long term up The long term trend has been UP since Jan 25th, 2018 at 8.25920

intermediate term up The intermediate term trend has been UP since Aug 27th, 2018 at 8.42045

short term up 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).

+90
Smart Scan Analysis for NOKINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.84465 8.85275 8.75185 8.77810 -0.06655
Prev. Close Volume Bid Ask Time
8.84465 8.77750 8.77870 2018-09-20 07:15:04
Want to analyze Norwegian Krone/Indian Rupee NOKINR or another symbol? Try our Free Forex Trend Analysis Report.