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.
MarketClub’s Trade Triangles for GHSNOK
The long term trend has been DOWN since Feb 1st, 2019 at 1.68655
The intermediate term trend has been UP since Jul 15th, 2019 at 1.59535
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).