Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)
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.
MarketClub’s Trade Triangles for NOKPLN
The long term trend has been UP since Mar 2nd, 2018 at 0.436505
The intermediate term trend has been DOWN since Aug 17th, 2018 at 0.445260
The short term trend has been DOWN since Aug 16th, 2018 at 0.449300
Smart Scan Analysis for NOKPLN
Based on a pre-defined weighted trend formula for chart analysis, NOKPLN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).