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Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_NOKNZD
Open High Low NOKNZD Price Change
0.17039 0.17044 0.16991 0.16996 -0.00043
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term down The long term trend has been DOWN since Dec 11th, 2017 at 0.172780

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.175655

short term down The short term trend has been DOWN since Dec 11th, 2017 at 0.174590

Smart Scan Analysis for NOKNZD

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

-100
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17039 0.17044 0.16991 0.16996 -0.00043
Prev. Close Volume Bid Ask Time
0.17039 0.16991 0.17001 2017-12-18 03:52:04
Want to analyze Norwegian Krone/New Zealand Dollar NOKNZD or another symbol? Try our Free Forex Trend Analysis Report.