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Forex Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

Tunisian Dinar/Norwegian Krone (FOREX:TNDNOK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_TNDNOK
Open High Low TNDNOK Price Change
2.88765 2.93025 2.88660 2.91860 +0.03095
Entry Signal

MarketClub’s Trade Triangles for TNDNOK

long term down The long term trend has been DOWN since Jan 16th, 2018 at 3.17450

intermediate term down The intermediate term trend has been DOWN since Dec 7th, 2018 at 2.87815

short term up The short term trend has been UP since Dec 12th, 2018 at 2.92485

Smart Scan Analysis for TNDNOK

Based on a pre-defined weighted trend formula for chart analysis, TNDNOK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TNDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.88765 2.93025 2.88660 2.91860 +0.03095
Prev. Close Volume Bid Ask Time
2.88765 2.88620 2.95100 2018-12-13 13:09:28
Want to analyze Tunisian Dinar/Norwegian Krone TNDNOK or another symbol? Try our Free Forex Trend Analysis Report.