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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Tunisian Dinar/Norwegian Krone (FOREX:TNDNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_TNDNOK
Open High Low TNDNOK Price Change
2.84575 2.84640 2.84125 2.84460 -0.00115
Entry Signal

MarketClub’s Trade Triangles for TNDNOK

long term down The long term trend has been DOWN since Jan 16th, 2018 at 3.17450

intermediate term down The intermediate term trend has been DOWN since Mar 15th, 2019 at 2.79270

short term up The short term trend has been UP since Apr 15th, 2019 at 2.83425

Smart Scan Analysis for TNDNOK

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

-55
Smart Scan Analysis for TNDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.84575 2.84640 2.84125 2.84460 -0.00115
Prev. Close Volume Bid Ask Time
2.84575 2.68710 3.00210 2019-04-24 05:19:46
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