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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

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_NOKSGD
Open High Low NOKSGD Price Change
0.170685 0.170725 0.170645 0.170665 -0.000020
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 down The intermediate term trend has been DOWN since Sep 11th, 2017 at 0.171805

short term down The short term trend has been DOWN since Oct 16th, 2017 at 0.170780

Smart Scan Analysis for NOKSGD

Based on a pre-defined weighted trend formula for chart analysis, NOKSGD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.170685 0.170725 0.170645 0.170665 -0.000020
Prev. Close Volume Bid Ask Time
0.170685 0.170620 0.170710 2017-10-18 01:21:06
Want to analyze Norwegian Krone/Singapore Dollar NOKSGD or another symbol? Try our Free Forex Trend Analysis Report.