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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Moroccan Dirham/Norwegian Krone (FOREX:MADNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_MADNOK
Open High Low MADNOK Price Change
0.90570 0.90570 0.89975 0.90005 -0.00565
Entry Signal

MarketClub’s Trade Triangles for MADNOK

long term up The long term trend has been UP since May 29th, 2018 at 0.87015

intermediate term up The intermediate term trend has been UP since Feb 8th, 2019 at 0.90145

short term up The short term trend has been UP since Feb 21st, 2019 at 0.90555

Smart Scan Analysis for MADNOK

Based on a pre-defined weighted trend formula for chart analysis, MADNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for MADNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.90570 0.90570 0.89975 0.90005 -0.00565
Prev. Close Volume Bid Ask Time
0.90570 0.89500 0.90510 2019-02-22 13:15:26
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