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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Norwegian Krone/Czech Koruna (FOREX:NOKCZK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_NOKCZK
Open High Low NOKCZK Price Change
2.53015 2.53600 2.51910 2.52335 -0.00680
Entry Signal

MarketClub’s Trade Triangles for NOKCZK

long term down The long term trend has been DOWN since Aug 2nd, 2019 at 2.60500

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 2.54965

short term up The short term trend has been UP since Jan 24th, 2020 at 2.53130

Smart Scan Analysis for NOKCZK

Based on a pre-defined weighted trend formula for chart analysis, NOKCZK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NOKCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.53015 2.53600 2.51910 2.52335 -0.00680
Prev. Close Volume Bid Ask Time
2.53015 2.51960 2.52710 2020-01-24 17:06:43
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