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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

US Dollar/Norwegian Krone (FOREX:USDNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_USDNOK
Open High Low USDNOK Price Change
8.61445 8.61445 8.61445 8.61445 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDNOK

long term up The long term trend has been UP since May 1st, 2018 at 8.04208

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 8.28487

short term up The short term trend has been UP since Dec 11th, 2018 at 8.56921

Smart Scan Analysis for USDNOK

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

+90
Smart Scan Analysis for USDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.61445 8.61445 8.61445 8.61445 0.00000
Prev. Close Volume Bid Ask Time
8.61445 8.61130 8.61760 2018-12-15 17:51:38
Want to analyze US Dollar/Norwegian Krone USDNOK or another symbol? Try our Free Forex Trend Analysis Report.