Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_NOKJPY
Open High Low NOKJPY Price Change
13.424750 13.425000 13.339355 13.361130 -0.063620
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long term trend has been UP since Sep 25th, 2018 at 13.9070

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 13.5855

short term down The short term trend has been DOWN since Nov 9th, 2018 at 13.5130

Smart Scan Analysis for NOKJPY

Based on a pre-defined weighted trend formula for chart analysis, NOKJPY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.424750 13.425000 13.339355 13.361130 -0.063620
Prev. Close Volume Bid Ask Time
13.424750 13.358760 13.363500 2018-11-14 05:57:02
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.