Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

Norwegian Krone/Swiss Franc (FOREX:NOKCHF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
10.964 11.000 10.860 10.890 -0.074
Entry Signal

MarketClub’s Trade Triangles for NOKCHF

long term down The long term trend has been DOWN since May 23rd, 2019 at 11.4500

intermediate term down The intermediate term trend has been DOWN since Jul 22nd, 2019 at 11.4400

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 10.8645

Smart Scan Analysis for NOKCHF

Based on a pre-defined weighted trend formula for chart analysis, NOKCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NOKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.964 11.000 10.860 10.890 -0.074
Prev. Close Volume Bid Ask Time
10.964 10.870 10.910 2019-08-23 18:25:57
Want to analyze Norwegian Krone/Swiss Franc NOKCHF or another symbol? Try our Free Forex Trend Analysis Report.