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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Norwegian Krone/US Dollar (FOREX:NOKUSD)

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_NOKUSD
Open High Low NOKUSD Price Change
0.12221 0.12298 0.12197 0.12288 +0.00067
Entry Signal

MarketClub’s Trade Triangles for NOKUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.12434

intermediate term up The intermediate term trend has been UP since Jun 12th, 2018 at 0.12463

short term down The short term trend has been DOWN since Jun 14th, 2018 at 0.12381

Smart Scan Analysis for NOKUSD

Based on a pre-defined weighted trend formula for chart analysis, NOKUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for NOKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12221 0.12298 0.12197 0.12288 +0.00067
Prev. Close Volume Bid Ask Time
0.12221 0.12286 0.12290 2018-06-21 10:20:18
Want to analyze Norwegian Krone/US Dollar NOKUSD or another symbol? Try our Free Forex Trend Analysis Report.