Future Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
NORWEGIAN KRONE Mar 2019 (CME:NOK.H19)
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.
MarketClub’s Trade Triangles for NOK.H19
The long term trend has been DOWN since May 1st, 2018 at 0.12643
The intermediate term trend has been DOWN since Feb 8th, 2019 at 0.11652
The short term trend has been UP since Mar 11th, 2019 at 0.11441
Smart Scan Analysis for NOK.H19
Based on a pre-defined weighted trend formula for chart analysis, NOK.H19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:00|