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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_NOKAUD
Open High Low NOKAUD Price Change
0.162902 0.163058 0.162686 0.162820 -0.000082
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term up The long term trend has been UP since Jan 6th, 2020 at 0.164000

intermediate term up The intermediate term trend has been UP since Nov 14th, 2019 at 0.160870

short term down The short term trend has been DOWN since Jan 21st, 2020 at 0.162698

Smart Scan Analysis for NOKAUD

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

+55
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.162902 0.163058 0.162686 0.162820 -0.000082
Prev. Close Volume Bid Ask Time
0.162902 0.162789 0.162851 2020-01-21 10:13:54
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