Future Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
EURO/NORWEGIAN KRONE (NEW) Dec 2017 (E) (NYBOT:KOL.Z17.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for KOL.Z17.E
The long term trend has been UP since Nov 14th, 2017 at 9.5510
The intermediate term trend has been UP since Oct 19th, 2017 at 9.4365
The short term trend has been DOWN since Nov 21st, 2017 at 9.6590
Smart Scan Analysis for KOL.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, KOL.Z17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||9.7715||Contract High Date||2017-11-15|
|Contract Low||9.294||Contract Low Date||2017-09-25|
|Open Time||20:00||Close Time||17:00|