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Forex Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
0.167815 0.168565 0.167535 0.168230 +0.000415
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term up The long term trend has been UP since Feb 1st, 2018 at 0.170660

intermediate term down The intermediate term trend has been DOWN since Feb 9th, 2018 at 0.166895

short term down The short term trend has been DOWN since Feb 20th, 2018 at 0.168265

Smart Scan Analysis for NOKSGD

Based on a pre-defined weighted trend formula for chart analysis, NOKSGD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.167815 0.168565 0.167535 0.168230 +0.000415
Prev. Close Volume Bid Ask Time
0.167815 0.168120 0.168340 2018-02-23 18:34:45
Want to analyze Norwegian Krone/Singapore Dollar NOKSGD or another symbol? Try our Free Forex Trend Analysis Report.