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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Norwegian Krone/Icelandic Krona (FOREX:NOKISK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

Open High Low NOKISK Price Change
14.426 14.469 14.421 14.442 +0.016
Entry Signal

MarketClub’s Trade Triangles for NOKISK

long term up The long term trend has been UP since Jun 7th, 2018 at 13.0856

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 14.2895

short term down The short term trend has been DOWN since Nov 30th, 2018 at 14.4640

Smart Scan Analysis for NOKISK

Based on a pre-defined weighted trend formula for chart analysis, NOKISK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NOKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.426 14.469 14.421 14.442 +0.016
Prev. Close Volume Bid Ask Time
14.426 14.402 14.482 2018-12-11 13:05:59
Want to analyze Norwegian Krone/Icelandic Krona NOKISK or another symbol? Try our Free Forex Trend Analysis Report.