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Forex Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Norwegian Krone/Hungarian Forint (FOREX:NOKHUF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low NOKHUF Price Change
33.68125 33.68575 33.57865 33.63315 -0.04810
Entry Signal

MarketClub’s Trade Triangles for NOKHUF

long term up The long term trend has been UP since Apr 1st, 2019 at 33.27555

intermediate term up The intermediate term trend has been UP since Jun 23rd, 2019 at 33.57100

short term down The short term trend has been DOWN since Jul 16th, 2019 at 33.80825

Smart Scan Analysis for NOKHUF

Based on a pre-defined weighted trend formula for chart analysis, NOKHUF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NOKHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.68125 33.68575 33.57865 33.63315 -0.04810
Prev. Close Volume Bid Ask Time
33.68125 33.61680 33.64950 2019-07-23 13:30:17
Want to analyze Norwegian Krone/Hungarian Forint NOKHUF or another symbol? Try our Free Forex Trend Analysis Report.