Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

US Dollar/Norwegian Krone (FOREX:USDNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low USDNOK Price Change
7.73126 7.78537 7.72962 7.75630 +0.02504
Entry Signal

MarketClub’s Trade Triangles for USDNOK

long term down The long term trend has been DOWN since Jan 16th, 2018 at 7.85594

intermediate term down The intermediate term trend has been DOWN since Mar 12th, 2018 at 7.74793

short term up The short term trend has been UP since Mar 22nd, 2018 at 7.75780

Smart Scan Analysis for USDNOK

Based on a pre-defined weighted trend formula for chart analysis, USDNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.73126 7.78537 7.72962 7.75630 +0.02504
Prev. Close Volume Bid Ask Time
7.73126 7.75330 7.75930 2018-03-23 18:44:18
Want to analyze US Dollar/Norwegian Krone USDNOK or another symbol? Try our Free Forex Trend Analysis Report.