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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2017.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_NOKSGD
Open High Low NOKSGD Price Change
0.162995 0.163170 0.162775 0.162800 -0.000195
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long term trend has been DOWN since Nov 14th, 2017 at 0.166270

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2017 at 0.171805

short term up The short term trend has been UP since Dec 6th, 2017 at 0.163275

Smart Scan Analysis for NOKSGD

Based on a pre-defined weighted trend formula for chart analysis, NOKSGD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.162995 0.163170 0.162775 0.162800 -0.000195
Prev. Close Volume Bid Ask Time
0.162995 0.162750 0.162850 2017-12-10 22:41:02
Want to analyze Norwegian Krone/Singapore Dollar NOKSGD or another symbol? Try our Free Forex Trend Analysis Report.