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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

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_NOKPLN
Open High Low NOKPLN Price Change
0.426950 0.429375 0.426160 0.426765 -0.000185
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term down The long term trend has been DOWN since Jun 6th, 2019 at 0.435165

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2020 at 0.427295

short term up The short term trend has been UP since Jan 24th, 2020 at 0.427835

Smart Scan Analysis for NOKPLN

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

-75
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.426950 0.429375 0.426160 0.426765 -0.000185
Prev. Close Volume Bid Ask Time
0.426950 0.426050 0.427480 2020-01-24 17:07:11
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