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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_NOKJPY
Open High Low NOKJPY Price Change
13.097740 13.127500 12.782285 12.878000 -0.219740
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term down The long term trend has been DOWN since Dec 17th, 2018 at 13.101

intermediate term up The intermediate term trend has been UP since Mar 18th, 2019 at 13.100

short term up The short term trend has been UP since Mar 22nd, 2019 at 13.126

Smart Scan Analysis for NOKJPY

Based on a pre-defined weighted trend formula for chart analysis, NOKJPY scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.097740 13.127500 12.782285 12.878000 -0.219740
Prev. Close Volume Bid Ask Time
13.097740 12.856000 12.900000 2019-03-22 18:28:04
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.