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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_NOKCHF
Open High Low NOKCHF Price Change
10.86070 10.88000 10.84840 10.86285 +0.00215
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term up The long term trend has been UP since Dec 31st, 2019 at 11.161

intermediate term down The intermediate term trend has been DOWN since Jan 14th, 2020 at 10.900

short term up The short term trend has been UP since Jan 7th, 2020 at 11.050

Smart Scan Analysis for NOKCHF

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

+55
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.86070 10.88000 10.84840 10.86285 +0.00215
Prev. Close Volume Bid Ask Time
10.86070 10.84750 10.87820 2020-01-17 17:14:30
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