Future Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
NORWEGIAN KRONE Dec 2017 (E) (NYBOT:NT.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 NT.Z17.E
The long term trend has been DOWN since Jul 10th, 2017 at 8.32015
The intermediate term trend has been UP since Sep 27th, 2017 at 7.89170
The short term trend has been UP since Oct 17th, 2017 at 7.89855
Smart Scan Analysis for NT.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, NT.Z17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||8.0173||Contract High Date||2017-10-06|
|Contract Low||7.688||Contract Low Date||2017-09-08|
|Open Time||20:00||Close Time||17:00|