Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

New Zealand Dollar/Norwegian Krone (FOREX:NZDNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_NZDNOK
Open High Low NZDNOK Price Change
5.489600 5.501145 5.479000 5.496950 +0.007350
Entry Signal

MarketClub’s Trade Triangles for NZDNOK

long term down The long term trend has been DOWN since Mar 4th, 2018 at 5.6242

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2018 at 5.6152

short term up The short term trend has been UP since Jul 12th, 2018 at 5.4997

Smart Scan Analysis for NZDNOK

Based on a pre-defined weighted trend formula for chart analysis, NZDNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NZDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.489600 5.501145 5.479000 5.496950 +0.007350
Prev. Close Volume Bid Ask Time
5.489600 5.495300 5.498600 2018-07-16 22:08:10
Want to analyze New Zealand Dollar/Norwegian Krone NZDNOK or another symbol? Try our Free Forex Trend Analysis Report.