Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Euro/Norwegian Krone (FOREX:EURNOK)

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_EURNOK
Open High Low EURNOK Price Change
9.89295 9.90646 9.88940 9.89777 +0.00482
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term up The long term trend has been UP since Aug 2nd, 2019 at 9.874800

intermediate term down The intermediate term trend has been DOWN since Sep 6th, 2019 at 9.906915

short term up The short term trend has been UP since Sep 13th, 2019 at 9.936770

Smart Scan Analysis for EURNOK

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

-55
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.89295 9.90646 9.88940 9.89777 +0.00482
Prev. Close Volume Bid Ask Time
9.89295 9.89664 9.89890 2019-09-18 08:05:03
Want to analyze Euro/Norwegian Krone EURNOK or another symbol? Try our Free Forex Trend Analysis Report.