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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Norwegian Krone/Swedish Krona (FOREX:NOKSEK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
1.092160 1.095290 1.091285 1.092600 +0.000440
Entry Signal

MarketClub’s Trade Triangles for NOKSEK

long term up The long term trend has been UP since Oct 2nd, 2018 at 1.100965

intermediate term up The intermediate term trend has been UP since Oct 1st, 2018 at 1.097645

short term down The short term trend has been DOWN since Oct 11th, 2018 at 1.096585

Smart Scan Analysis for NOKSEK

Based on a pre-defined weighted trend formula for chart analysis, NOKSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for NOKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.092160 1.095290 1.091285 1.092600 +0.000440
Prev. Close Volume Bid Ask Time
1.092160 1.091600 1.093600 2018-10-19 18:33:58
Want to analyze Norwegian Krone/Swedish Krona NOKSEK or another symbol? Try our Free Forex Trend Analysis Report.