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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

/Norwegian Krone (FOREX:GHSNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_GHSNOK
Open High Low GHSNOK Price Change
1.63785 1.65015 1.63385 1.64695 +0.00910
Entry Signal

MarketClub’s Trade Triangles for GHSNOK

long term down The long term trend has been DOWN since Feb 1st, 2019 at 1.68655

intermediate term up The intermediate term trend has been UP since Jul 15th, 2019 at 1.59535

short term down The short term trend has been DOWN since Aug 20th, 2019 at 1.64955

Smart Scan Analysis for GHSNOK

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

+55
Smart Scan Analysis for GHSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.63785 1.65015 1.63385 1.64695 +0.00910
Prev. Close Volume Bid Ask Time
1.63785 1.64520 1.64870 2019-08-22 14:38:12
Want to analyze /Norwegian Krone GHSNOK or another symbol? Try our Free Forex Trend Analysis Report.