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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_NOKJPY
Open High Low NOKJPY Price Change
13.760100 13.804500 13.642725 13.648000 -0.112100
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term down The long term trend has been DOWN since Aug 15th, 2018 at 13.03778

intermediate term up The intermediate term trend has been UP since Sep 12th, 2018 at 13.43850

short term up The short term trend has been UP since Sep 10th, 2018 at 13.28300

Smart Scan Analysis for NOKJPY

Based on a pre-defined weighted trend formula for chart analysis, NOKJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.760100 13.804500 13.642725 13.648000 -0.112100
Prev. Close Volume Bid Ask Time
13.760100 13.645000 13.651000 2018-09-20 06:23:27
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.