Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

British Pound/Norwegian Krone (FOREX:GBPNOK)

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.

Open High Low GBPNOK Price Change
10.7180 10.7355 10.6955 10.7200 +0.0020
Entry Signal

MarketClub’s Trade Triangles for GBPNOK

long term down The long term trend has been DOWN since Jun 4th, 2019 at 10.99300

intermediate term down The intermediate term trend has been DOWN since May 21st, 2019 at 11.13550

short term up The short term trend has been UP since Jul 18th, 2019 at 10.72999

Smart Scan Analysis for GBPNOK

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

Smart Scan Analysis for GBPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.7180 10.7355 10.6955 10.7200 +0.0020
Prev. Close Volume Bid Ask Time
10.7180 10.7180 10.7220 2019-07-19 16:46:56
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