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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)

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_SGDNOK
Open High Low SGDNOK Price Change
6.14745 6.15080 6.14675 6.15080 +0.00335
Entry Signal

MarketClub’s Trade Triangles for SGDNOK

long term up The long term trend has been UP since Aug 17th, 2018 at 6.1807

intermediate term up The intermediate term trend has been UP since Oct 18th, 2018 at 5.9936

short term up The short term trend has been UP since Nov 9th, 2018 at 6.1010

Smart Scan Analysis for SGDNOK

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

+100
Smart Scan Analysis for SGDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.14745 6.15080 6.14675 6.15080 +0.00335
Prev. Close Volume Bid Ask Time
6.14745 6.15040 6.15120 2018-11-19 00:59:33
Want to analyze Singapore Dollar/Norwegian Krone SGDNOK or another symbol? Try our Free Forex Trend Analysis Report.