Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_NOKCHF
Open High Low NOKCHF Price Change
11.6415 11.6415 11.6371 11.6385 -0.0030
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term down The long term trend has been DOWN since Aug 10th, 2018 at 11.9000

intermediate term down The intermediate term trend has been DOWN since Feb 10th, 2019 at 11.5725

short term up The short term trend has been UP since Feb 12th, 2019 at 11.6615

Smart Scan Analysis for NOKCHF

Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.6415 11.6415 11.6371 11.6385 -0.0030
Prev. Close Volume Bid Ask Time
11.6415 11.6360 11.6410 2019-02-18 01:14:52
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