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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.172300 0.172545 0.171005 0.171835 -0.000465
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term up The long term trend has been UP since Jul 11th, 2017 at 0.166710

intermediate term up The intermediate term trend has been UP since Jun 27th, 2017 at 0.164645

short term up The short term trend has been UP since Aug 14th, 2017 at 0.171865

Smart Scan Analysis for NOKSGD

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

+100
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.172300 0.172545 0.171005 0.171835 -0.000465
Prev. Close Volume Bid Ask Time
0.172300 0.171790 0.171880 2017-08-17 15:13:53
Want to analyze Norwegian Krone/Singapore Dollar NOKSGD or another symbol? Try our Free Forex Trend Analysis Report.