Analyze Symbol
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.
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MarketClub’s Trade Triangles for EURNOK
The long term trend has been UP since Aug 21st, 2018 at 9.721310
The intermediate term trend has been UP since Feb 10th, 2019 at 9.787085
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).
| 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 |