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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low NOKNZD Price Change
0.179135 0.179165 0.177440 0.178065 -0.001070
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long term trend has been UP since Mar 4th, 2018 at 0.177810

intermediate term up The intermediate term trend has been UP since Feb 28th, 2018 at 0.175995

short term down The short term trend has been DOWN since Mar 22nd, 2018 at 0.178555

Smart Scan Analysis for NOKNZD

Based on a pre-defined weighted trend formula for chart analysis, NOKNZD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.179135 0.179165 0.177440 0.178065 -0.001070
Prev. Close Volume Bid Ask Time
0.179135 0.177990 0.178140 2018-03-23 18:40:44
Want to analyze Norwegian Krone/New Zealand Dollar NOKNZD or another symbol? Try our Free Forex Trend Analysis Report.