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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NOKNZD Price Change
0.17514 0.17601 0.17497 0.17569 +0.00055
Entry Signal

MarketClub’s Trade Triangles for NOKNZD

long term up The long term trend has been UP since Apr 11th, 2019 at 0.17434

intermediate term up The intermediate term trend has been UP since Jun 11th, 2019 at 0.17623

short term down The short term trend has been DOWN since Jun 18th, 2019 at 0.17600

Smart Scan Analysis for NOKNZD

Based on a pre-defined weighted trend formula for chart analysis, NOKNZD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17514 0.17601 0.17497 0.17569 +0.00055
Prev. Close Volume Bid Ask Time
0.17514 0.17564 0.17574 2019-06-19 23:33:47
Want to analyze Norwegian Krone/New Zealand Dollar NOKNZD or another symbol? Try our Free Forex Trend Analysis Report.