Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Norwegian Krone/Japanese Yen (FOREX:NOKJPY)

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_NOKJPY
Open High Low NOKJPY Price Change
12.033535 12.038000 11.848500 11.874000 -0.159535
Entry Signal

MarketClub’s Trade Triangles for NOKJPY

long term down The long term trend has been DOWN since May 7th, 2019 at 12.596

intermediate term up The intermediate term trend has been UP since Sep 9th, 2019 at 11.947

short term down The short term trend has been DOWN since Sep 20th, 2019 at 12.013

Smart Scan Analysis for NOKJPY

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

-75
Smart Scan Analysis for NOKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.033535 12.038000 11.848500 11.874000 -0.159535
Prev. Close Volume Bid Ask Time
12.033535 11.871000 11.877000 2019-09-20 17:44:17
Want to analyze Norwegian Krone/Japanese Yen NOKJPY or another symbol? Try our Free Forex Trend Analysis Report.