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Forex Trend Analysis Report

Prepared for you on Tuesday, February 20, 2018.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

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

FOREX_NOKPLN
Open High Low NOKPLN Price Change
0.427845 0.429345 0.427830 0.428660 +0.000815
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term down The long term trend has been DOWN since Nov 13th, 2017 at 0.444190

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2018 at 0.430465

short term up The short term trend has been UP since Feb 16th, 2018 at 0.429850

Smart Scan Analysis for NOKPLN

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

-85
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.427845 0.429345 0.427830 0.428660 +0.000815
Prev. Close Volume Bid Ask Time
0.427845 0.428460 0.428860 2018-02-20 16:01:20
Want to analyze Norwegian Krone/Polish New Zloty NOKPLN or another symbol? Try our Free Forex Trend Analysis Report.