Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

/Norwegian Krone (FOREX:RONNOK)

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_RONNOK
Open High Low RONNOK Price Change
2.08305 2.08585 2.07185 2.07190 -0.01115
Entry Signal

MarketClub’s Trade Triangles for RONNOK

long term up The long term trend has been UP since Nov 14th, 2017 at 2.07510

intermediate term up The intermediate term trend has been UP since Feb 6th, 2018 at 2.09205

short term up The short term trend has been UP since Feb 22nd, 2018 at 2.07705

Smart Scan Analysis for RONNOK

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

+70
Smart Scan Analysis for RONNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.08305 2.08585 2.07185 2.07190 -0.01115
Prev. Close Volume Bid Ask Time
2.08305 2.06840 2.07540 2018-02-23 13:28:49
Want to analyze /Norwegian Krone RONNOK or another symbol? Try our Free Forex Trend Analysis Report.