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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Norwegian Krone/Australian Dollar (FOREX:NOKAUD)

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_NOKAUD
Open High Low NOKAUD Price Change
0.164140 0.164160 0.162940 0.163175 -0.000965
Entry Signal

MarketClub’s Trade Triangles for NOKAUD

long term down The long term trend has been DOWN since Sep 1st, 2019 at 0.162695

intermediate term down The intermediate term trend has been DOWN since Aug 15th, 2019 at 0.164030

short term up The short term trend has been UP since Sep 15th, 2019 at 0.162915

Smart Scan Analysis for NOKAUD

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

-55
Smart Scan Analysis for NOKAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.164140 0.164160 0.162940 0.163175 -0.000965
Prev. Close Volume Bid Ask Time
0.164140 0.163010 0.163340 2019-09-20 17:44:19
Want to analyze Norwegian Krone/Australian Dollar NOKAUD or another symbol? Try our Free Forex Trend Analysis Report.