Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Norwegian Krone/Russian Ruble (FOREX:NOKRUB)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_NOKRUB
Open High Low NOKRUB Price Change
6.836665 6.873137 6.827261 6.861881 +0.025216
Entry Signal

MarketClub’s Trade Triangles for NOKRUB

long term down The long term trend has been DOWN since Jan 24th, 2019 at 7.657600

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 6.905440

short term down The short term trend has been DOWN since Jan 20th, 2020 at 6.882572

Smart Scan Analysis for NOKRUB

Based on a pre-defined weighted trend formula for chart analysis, NOKRUB scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NOKRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.836665 6.873137 6.827261 6.861881 +0.025216
Prev. Close Volume Bid Ask Time
6.836665 6.859731 6.864031 2020-01-29 07:03:27
Get a free daily report for Norwegian Krone/Russian Ruble (NOKRUB) - Free Trend Analysis Report.