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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Mexican Peso/Norwegian Krone (FOREX:MXNNOK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_MXNNOK
Open High Low MXNNOK Price Change
0.448350 0.451855 0.447255 0.448125 -0.000225
Entry Signal

MarketClub’s Trade Triangles for MXNNOK

long term up The long term trend has been UP since Jul 19th, 2018 at 0.433785

intermediate term up The intermediate term trend has been UP since Feb 10th, 2019 at 0.453065

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 0.447545

Smart Scan Analysis for MXNNOK

Based on a pre-defined weighted trend formula for chart analysis, MXNNOK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for MXNNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.448350 0.451855 0.447255 0.448125 -0.000225
Prev. Close Volume Bid Ask Time
0.448350 0.447560 0.448690 2019-03-22 18:25:32
Want to analyze Mexican Peso/Norwegian Krone MXNNOK or another symbol? Try our Free Forex Trend Analysis Report.