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Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Norwegian Krone/Danish Krone (FOREX:NOKDKK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_NOKDKK
Open High Low NOKDKK Price Change
0.776575 0.778705 0.776055 0.778700 +0.002125
Entry Signal

MarketClub’s Trade Triangles for NOKDKK

long term up The long term trend has been UP since Mar 21st, 2019 at 0.77466

intermediate term up The intermediate term trend has been UP since Jun 20th, 2019 at 0.76888

short term up The short term trend has been UP since Jul 10th, 2019 at 0.77243

Smart Scan Analysis for NOKDKK

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

+100
Smart Scan Analysis for NOKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.776575 0.778705 0.776055 0.778700 +0.002125
Prev. Close Volume Bid Ask Time
0.776575 0.778560 0.778840 2019-07-16 12:09:38
Want to analyze Norwegian Krone/Danish Krone NOKDKK or another symbol? Try our Free Forex Trend Analysis Report.