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Forex Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_NOKSGD
Open High Low NOKSGD Price Change
0.166320 0.166450 0.166225 0.166305 -0.000015
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.165045

intermediate term up The intermediate term trend has been UP since Jun 12th, 2018 at 0.166665

short term down The short term trend has been DOWN since Jun 14th, 2018 at 0.165255

Smart Scan Analysis for NOKSGD

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

-55
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.166320 0.166450 0.166225 0.166305 -0.000015
Prev. Close Volume Bid Ask Time
0.166320 0.166260 0.166350 2018-06-19 02:31:46
Want to analyze Norwegian Krone/Singapore Dollar NOKSGD or another symbol? Try our Free Forex Trend Analysis Report.