Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_JPYNOK
Open High Low JPYNOK Price Change
0.081319 0.081905 0.081179 0.081836 +0.000517
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term down The long term trend has been DOWN since Dec 13th, 2019 at 0.082314

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 0.083215

short term up The short term trend has been UP since Jan 20th, 2020 at 0.080961

Smart Scan Analysis for JPYNOK

Based on a pre-defined weighted trend formula for chart analysis, JPYNOK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.081319 0.081905 0.081179 0.081836 +0.000517
Prev. Close Volume Bid Ask Time
0.081319 0.081636 0.082036 2020-01-21 21:01:21
Get a free daily report for Japanese Yen/Norwegian Krone (JPYNOK) - Free Trend Analysis Report.