Forex Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
Norwegian Krone/Icelandic Krona (FOREX:NOKISK)
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 NOKISK
The long term trend has been UP since Jun 7th, 2018 at 13.08560
The intermediate term trend has been UP since May 16th, 2018 at 12.87205
The short term trend has been UP since Jun 18th, 2018 at 13.32435
Smart Scan Analysis for NOKISK
Based on a pre-defined weighted trend formula for chart analysis, NOKISK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).