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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Euro/Norwegian Krone (FOREX:EURNOK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.

Open High Low EURNOK Price Change
9.755085 9.759400 9.748940 9.758230 +0.003145
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term up The long term trend has been UP since Aug 21st, 2018 at 9.721310

intermediate term up The intermediate term trend has been UP since Feb 10th, 2019 at 9.787085

short term down The short term trend has been DOWN since Feb 13th, 2019 at 9.771735

Smart Scan Analysis for EURNOK

Based on a pre-defined weighted trend formula for chart analysis, EURNOK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.755085 9.759400 9.748940 9.758230 +0.003145
Prev. Close Volume Bid Ask Time
9.755085 9.757570 9.758890 2019-02-18 06:51:34
Want to analyze Euro/Norwegian Krone EURNOK or another symbol? Try our Free Forex Trend Analysis Report.