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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

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.

FOREX_NOKSEK
Open High Low NOKSEK Price Change
1.02150 1.02460 1.02088 1.02180 +0.00030
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 down The intermediate term trend has been DOWN since Sep 12th, 2017 at 1.01884

short term up The short term trend has been UP since Sep 18th, 2017 at 1.01981

Smart Scan Analysis for NOKSEK

Based on a pre-defined weighted trend formula for chart analysis, NOKSEK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.02150 1.02460 1.02088 1.02180 +0.00030
Prev. Close Volume Bid Ask Time
1.02150 1.02080 1.02280 2017-09-22 18:29:11
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