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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_JPYNOK
Open High Low JPYNOK Price Change
0.076737 0.076919 0.076725 0.076849 +0.000112
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term up The long term trend has been UP since Dec 17th, 2018 at 0.076332

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 0.076338

short term up The short term trend has been UP since Mar 19th, 2019 at 0.076907

Smart Scan Analysis for JPYNOK

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

-55
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.076737 0.076919 0.076725 0.076849 +0.000112
Prev. Close Volume Bid Ask Time
0.076737 0.076649 0.077049 2019-03-21 04:19:52
Want to analyze Japanese Yen/Norwegian Krone JPYNOK or another symbol? Try our Free Forex Trend Analysis Report.