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Forex Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

Norwegian Krone/United Arab Emirates Dirham (FOREX:NOKAED)

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_NOKAED
Open High Low NOKAED Price Change
0.43076 0.43083 0.43009 0.43009 -0.00067
Entry Signal

MarketClub’s Trade Triangles for NOKAED

long term down The long term trend has been DOWN since May 2nd, 2018 at 0.45818

intermediate term up The intermediate term trend has been UP since Mar 18th, 2019 at 0.43100

short term down The short term trend has been DOWN since Mar 22nd, 2019 at 0.42941

Smart Scan Analysis for NOKAED

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

-55
Smart Scan Analysis for NOKAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.43076 0.43083 0.43009 0.43009 -0.00067
Prev. Close Volume Bid Ask Time
0.43076 0.42983 0.43035 2019-03-26 15:10:29
Want to analyze Norwegian Krone/United Arab Emirates Dirham NOKAED or another symbol? Try our Free Forex Trend Analysis Report.