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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 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
1.021435 1.023795 1.020310 1.022695 +0.001260
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term down The long term trend has been DOWN since Jan 12th, 2017 at 1.05045

intermediate term up The intermediate term trend has been UP since Jan 8th, 2018 at 1.01571

short term up The short term trend has been UP since Jan 2nd, 2018 at 1.00206

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
1.021435 1.023795 1.020310 1.022695 +0.001260
Prev. Close Volume Bid Ask Time
1.021435 1.021610 1.023780 2018-01-19 18:37:14
Want to analyze Norwegian Krone/Swedish Krona NOKSEK or another symbol? Try our Free Forex Trend Analysis Report.