Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Norwegian Krone/Euro (FOREX:NOKEUR)

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_NOKEUR
Open High Low NOKEUR Price Change
0.102525 0.102525 0.102525 0.102525 0.000000
Entry Signal

MarketClub’s Trade Triangles for NOKEUR

long term down The long term trend has been DOWN since Aug 21st, 2018 at 0.102865

intermediate term down The intermediate term trend has been DOWN since Feb 10th, 2019 at 0.102170

short term up The short term trend has been UP since Feb 13th, 2019 at 0.102335

Smart Scan Analysis for NOKEUR

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

-75
Smart Scan Analysis for NOKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.102525 0.102525 0.102525 0.102525 0.000000
Prev. Close Volume Bid Ask Time
0.102525 0.102500 0.102550 2019-02-16 19:17:46
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