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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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_NOKJPY
Open High Low NOKJPY Price Change
13.8477 13.8845 13.8435 13.8655 +0.0178
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long term trend has been UP since Jul 10th, 2018 at 13.89050

intermediate term up The intermediate term trend has been UP since Jul 9th, 2018 at 13.78552

short term up The short term trend has been UP since Jun 29th, 2018 at 13.56800

Smart Scan Analysis for NOKJPY

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

+100
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.8477 13.8845 13.8435 13.8655 +0.0178
Prev. Close Volume Bid Ask Time
13.8477 13.8620 13.8690 2018-07-16 04:44:17
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.