Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Brazilian Real/Norwegian Krone (FOREX:BRLNOK)
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.
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MarketClub’s Trade Triangles for BRLNOK
The long term trend has been UP since Jul 15th, 2019 at 2.26935
The intermediate term trend has been DOWN since Aug 5th, 2019 at 2.27170
The short term trend has been UP since Aug 16th, 2019 at 2.25770
Smart Scan Analysis for BRLNOK
Based on a pre-defined weighted trend formula for chart analysis, BRLNOK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.24700 | 2.24920 | 2.21625 | 2.21665 | -0.03035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.24700 | 2.21510 | 2.21820 | 2019-08-19 14:26:56 |