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Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

New Zealand Dollar/Norwegian Krone (FOREX:NZDNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
5.86895 5.88530 5.86670 5.88060 +0.01165
Entry Signal

MarketClub’s Trade Triangles for NZDNOK

long term up The long term trend has been UP since Dec 11th, 2017 at 5.78955

intermediate term up The intermediate term trend has been UP since Nov 15th, 2017 at 5.69380

short term up The short term trend has been UP since Dec 11th, 2017 at 5.72805

Smart Scan Analysis for NZDNOK

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

+100
Smart Scan Analysis for NZDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.86895 5.88530 5.86670 5.88060 +0.01165
Prev. Close Volume Bid Ask Time
5.86895 5.87770 5.88350 2017-12-18 03:47:55
Want to analyze New Zealand Dollar/Norwegian Krone NZDNOK or another symbol? Try our Free Forex Trend Analysis Report.