Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Norwegian Krone/Mexican Peso (FOREX:NOKMXN)

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_NOKMXN
Open High Low NOKMXN Price Change
2.328965 2.332030 2.320350 2.322795 -0.006170
Entry Signal

MarketClub’s Trade Triangles for NOKMXN

long term up The long term trend has been UP since May 14th, 2018 at 2.435215

intermediate term down The intermediate term trend has been DOWN since Jun 28th, 2018 at 2.433705

short term down The short term trend has been DOWN since Jul 10th, 2018 at 2.366205

Smart Scan Analysis for NOKMXN

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

-70
Smart Scan Analysis for NOKMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.328965 2.332030 2.320350 2.322795 -0.006170
Prev. Close Volume Bid Ask Time
2.328965 2.321950 2.323640 2018-07-16 18:02:18
Want to analyze Norwegian Krone/Mexican Peso NOKMXN or another symbol? Try our Free Forex Trend Analysis Report.