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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

South Korean Won/Norwegian Krone (FOREX:KRWNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_KRWNOK
Open High Low KRWNOK Price Change
0.00765 0.00770 0.00765 0.00765 0.00000
Entry Signal

MarketClub’s Trade Triangles for KRWNOK

long term up The long term trend has been UP since Nov 21st, 2018 at 0.00755

intermediate term up The intermediate term trend has been UP since Feb 11th, 2019 at 0.00765

short term up The short term trend has been UP since Feb 11th, 2019 at 0.00760

Smart Scan Analysis for KRWNOK

Based on a pre-defined weighted trend formula for chart analysis, KRWNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for KRWNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00765 0.00770 0.00765 0.00765 0.00000
Prev. Close Volume Bid Ask Time
0.00765 0.00760 0.00770 2019-02-21 10:25:26
Want to analyze South Korean Won/Norwegian Krone KRWNOK or another symbol? Try our Free Forex Trend Analysis Report.