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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_NOKSEK
Open High Low NOKSEK Price Change
1.094035 1.095545 1.087870 1.088470 -0.005565
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term up The long term trend has been UP since Feb 23rd, 2018 at 1.035425

intermediate term up The intermediate term trend has been UP since Jun 18th, 2018 at 1.083230

short term up The short term trend has been UP since Jul 10th, 2018 at 1.090795

Smart Scan Analysis for NOKSEK

Based on a pre-defined weighted trend formula for chart analysis, NOKSEK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.094035 1.095545 1.087870 1.088470 -0.005565
Prev. Close Volume Bid Ask Time
1.094035 1.088130 1.088810 2018-07-16 17:45:39
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