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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_NOKHUF
Open High Low NOKHUF Price Change
32.55405 32.56185 32.42250 32.45970 -0.09435
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term down The long term trend has been DOWN since Sep 7th, 2018 at 33.13205

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 32.52850

short term down The short term trend has been DOWN since Feb 20th, 2019 at 32.57655

Smart Scan Analysis for NOKHUF

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

-100
Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.55405 32.56185 32.42250 32.45970 -0.09435
Prev. Close Volume Bid Ask Time
32.55405 32.42020 32.49920 2019-02-21 20:39:41
Want to analyze Norwegian Krone/Hungarian Forint NOKHUF or another symbol? Try our Free Forex Trend Analysis Report.