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.
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MarketClub’s Trade Triangles for NOKRUB
The long term trend has been DOWN since Jan 24th, 2019 at 7.657600
The intermediate term trend has been DOWN since Jan 8th, 2020 at 6.905440
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).
| 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 |