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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Qatari Rial/Norwegian Krone (FOREX:QARNOK)

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_QARNOK
Open High Low QARNOK Price Change
2.35340 2.36075 2.34300 2.35325 -0.00015
Entry Signal

MarketClub’s Trade Triangles for QARNOK

long term up The long term trend has been UP since May 1st, 2018 at 2.20625

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 2.27545

short term up The short term trend has been UP since Dec 11th, 2018 at 2.35500

Smart Scan Analysis for QARNOK

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

+100
Smart Scan Analysis for QARNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.35340 2.36075 2.34300 2.35325 -0.00015
Prev. Close Volume Bid Ask Time
2.35340 2.35180 2.35470 2018-12-13 13:09:28
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