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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Norwegian Krone/Icelandic Krona (FOREX:NOKISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
13.4425 13.4705 13.4025 13.4635 +0.0210
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 up The intermediate term trend has been UP since Sep 4th, 2018 at 13.0510

short term down The short term trend has been DOWN since Sep 14th, 2018 at 13.4795

Smart Scan Analysis for NOKISK

Based on a pre-defined weighted trend formula for chart analysis, NOKISK scored +85 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
13.4425 13.4705 13.4025 13.4635 +0.0210
Prev. Close Volume Bid Ask Time
13.4425 13.4220 13.5050 2018-09-19 09:29:44
Want to analyze Norwegian Krone/Icelandic Krona NOKISK or another symbol? Try our Free Forex Trend Analysis Report.