Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, October 17, 2017.

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
14.1660 14.1790 14.1595 14.1625 -0.0035
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term up The long term trend has been UP since Oct 2nd, 2016 at 12.73465

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2017 at 14.05663

short term down The short term trend has been DOWN since Oct 16th, 2017 at 14.13900

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
14.1660 14.1790 14.1595 14.1625 -0.0035
Prev. Close Volume Bid Ask Time
14.1660 14.1590 14.1660 2017-10-17 01:45:22
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.