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Forex Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

Tunisian Dinar/Norwegian Krone (FOREX:TNDNOK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_TNDNOK
Open High Low TNDNOK Price Change
3.12040 3.13955 3.12040 3.13580 +0.01540
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 May 10th, 2018 at 3.16625

short term down The short term trend has been DOWN since Jun 1st, 2018 at 3.12390

Smart Scan Analysis for TNDNOK

Based on a pre-defined weighted trend formula for chart analysis, TNDNOK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for TNDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.12040 3.13955 3.12040 3.13580 +0.01540
Prev. Close Volume Bid Ask Time
3.12040 3.12860 3.14300 2018-06-15 14:41:57
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