Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2019.

Euro/Norwegian Krone (FOREX:EURNOK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_EURNOK
Open High Low EURNOK Price Change
9.778300 9.784800 9.751430 9.761855 -0.016445
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term down The long term trend has been DOWN since Mar 21st, 2019 at 9.63505

intermediate term up The intermediate term trend has been UP since Apr 29th, 2019 at 9.69510

short term down The short term trend has been DOWN since May 21st, 2019 at 9.78161

Smart Scan Analysis for EURNOK

Based on a pre-defined weighted trend formula for chart analysis, EURNOK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.778300 9.784800 9.751430 9.761855 -0.016445
Prev. Close Volume Bid Ask Time
9.778300 9.760910 9.762800 2019-05-22 15:31:51
Want to analyze Euro/Norwegian Krone EURNOK or another symbol? Try our Free Forex Trend Analysis Report.