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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.

FOREX_NOKISK
Open High Low NOKISK Price Change
13.43780 13.45005 13.41660 13.41700 -0.02080
Entry Signal

MarketClub’s Trade Triangles for NOKISK

long term up The long term trend has been UP since Jun 7th, 2018 at 13.08560

intermediate term up The intermediate term trend has been UP since May 16th, 2018 at 12.87205

short term up 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).

+90
Smart Scan Analysis for NOKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.43780 13.45005 13.41660 13.41700 -0.02080
Prev. Close Volume Bid Ask Time
13.43780 13.37500 13.45900 2018-06-22 05:38:36
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