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Forex Trend Analysis Report

Prepared for you on Sunday, July 23, 2017.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

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_NOKSEK
Open High Low NOKSEK Price Change
1.025500 1.027970 1.023675 1.023675 -0.001825
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term down The long term trend has been DOWN since Jan 12th, 2017 at 1.050450

intermediate term up The intermediate term trend has been UP since Jul 16th, 2017 at 1.034000

short term up The short term trend has been UP since Jul 10th, 2017 at 1.012885

Smart Scan Analysis for NOKSEK

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

+60
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.025500 1.027970 1.023675 1.023675 -0.001825
Prev. Close Volume Bid Ask Time
1.025500 1.023330 1.024020 2017-07-23 22:36:58
Want to analyze Norwegian Krone/Swedish Krona NOKSEK or another symbol? Try our Free Forex Trend Analysis Report.