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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_NOKJPY
Open High Low NOKJPY Price Change
13.528185 13.563000 13.392500 13.433665 -0.094520
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term down The long term trend has been DOWN since Nov 15th, 2017 at 13.6225

intermediate term down The intermediate term trend has been DOWN since Dec 15th, 2017 at 13.4550

short term down The short term trend has been DOWN since Dec 15th, 2017 at 13.4915

Smart Scan Analysis for NOKJPY

Based on a pre-defined weighted trend formula for chart analysis, NOKJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.528185 13.563000 13.392500 13.433665 -0.094520
Prev. Close Volume Bid Ask Time
13.528185 13.401290 13.466040 2017-12-15 18:39:01
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.