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Forex Trend Analysis Report

Prepared for you on Sunday, October 22, 2017.

Pakistani Rupee/Norwegian Krone (FOREX:PKRNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_PKRNOK
Open High Low PKRNOK Price Change
0.07575 0.07580 0.07555 0.07575 0.00000
Entry Signal

MarketClub’s Trade Triangles for PKRNOK

long term down The long term trend has been DOWN since Jul 5th, 2017 at 0.07935

intermediate term up The intermediate term trend has been UP since Sep 27th, 2017 at 0.07500

short term up The short term trend has been UP since Oct 17th, 2017 at 0.07505

Smart Scan Analysis for PKRNOK

Based on a pre-defined weighted trend formula for chart analysis, PKRNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for PKRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07575 0.07580 0.07555 0.07575 0.00000
Prev. Close Volume Bid Ask Time
0.07575 0.07570 0.07580 2017-10-20 11:47:51
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