Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Norwegian Krone/Canadian Dollar (FOREX:NOKCAD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_NOKCAD
Open High Low NOKCAD Price Change
0.152585 0.152945 0.152240 0.152310 -0.000275
Entry Signal

MarketClub’s Trade Triangles for NOKCAD

long term down The long term trend has been DOWN since Jul 5th, 2019 at 0.152520

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2019 at 0.152560

short term up The short term trend has been UP since Jul 19th, 2019 at 0.152875

Smart Scan Analysis for NOKCAD

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

-85
Smart Scan Analysis for NOKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.152585 0.152945 0.152240 0.152310 -0.000275
Prev. Close Volume Bid Ask Time
0.152585 0.152280 0.152340 2019-07-19 17:33:24
Want to analyze Norwegian Krone/Canadian Dollar NOKCAD or another symbol? Try our Free Forex Trend Analysis Report.