Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

Euro/Norwegian Krone (FOREX:EURNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.

FOREX_EURNOK
Open High Low EURNOK Price Change
9.646270 9.662995 9.635805 9.650735 +0.004465
Entry Signal

MarketClub’s Trade Triangles for EURNOK

long term down The long term trend has been DOWN since Mar 21st, 2019 at 9.63505

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2019 at 9.71000

short term up The short term trend has been UP since Jul 17th, 2019 at 9.62920

Smart Scan Analysis for EURNOK

Based on a pre-defined weighted trend formula for chart analysis, EURNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.646270 9.662995 9.635805 9.650735 +0.004465
Prev. Close Volume Bid Ask Time
9.646270 9.649030 9.652440 2019-07-18 12:02:04
Want to analyze Euro/Norwegian Krone EURNOK or another symbol? Try our Free Forex Trend Analysis Report.