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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.45413 0.45582 0.45360 0.45384 -0.00029
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term down The long term trend has been DOWN since Aug 28th, 2018 at 0.436985

intermediate term up The intermediate term trend has been UP since Sep 11th, 2018 at 0.446160

short term up The short term trend has been UP since Oct 16th, 2018 at 0.455515

Smart Scan Analysis for NOKPLN

Based on a pre-defined weighted trend formula for chart analysis, NOKPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45413 0.45582 0.45360 0.45384 -0.00029
Prev. Close Volume Bid Ask Time
0.45413 0.45361 0.45407 2018-10-19 18:32:41
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