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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Norwegian Krone/New Zealand Dollar (FOREX:NOKNZD)

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.

FOREX_NOKNZD
Open High Low NOKNZD Price Change
0.174100 0.174335 0.174085 0.174280 +0.000180
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 down The intermediate term trend has been DOWN since May 3rd, 2019 at 0.17234

short term up The short term trend has been UP since May 13th, 2019 at 0.17413

Smart Scan Analysis for NOKNZD

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

+65
Smart Scan Analysis for NOKNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.174100 0.174335 0.174085 0.174280 +0.000180
Prev. Close Volume Bid Ask Time
0.174100 0.174080 0.174480 2019-05-19 16:55:57
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