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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Norwegian Krone/Icelandic Krona (FOREX:NOKISK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_NOKISK
Open High Low NOKISK Price Change
13.7725 13.9165 13.7655 13.9150 +0.1425
Entry Signal

MarketClub’s Trade Triangles for NOKISK

long term up The long term trend has been UP since Jun 7th, 2018 at 13.0856

intermediate term down The intermediate term trend has been DOWN since Feb 8th, 2019 at 13.9570

short term down The short term trend has been DOWN since Feb 14th, 2019 at 13.8770

Smart Scan Analysis for NOKISK

Based on a pre-defined weighted trend formula for chart analysis, NOKISK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NOKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.7725 13.9165 13.7655 13.9150 +0.1425
Prev. Close Volume Bid Ask Time
13.7725 13.8750 13.9550 2019-02-18 12:02:05
Want to analyze Norwegian Krone/Icelandic Krona NOKISK or another symbol? Try our Free Forex Trend Analysis Report.