Forex Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for NOKPLN
The long term trend has been DOWN since Jun 6th, 2019 at 0.435165
The intermediate term trend has been UP since Jun 24th, 2019 at 0.440740
The short term trend has been DOWN since Jul 16th, 2019 at 0.442585
Smart Scan Analysis for NOKPLN
Based on a pre-defined weighted trend formula for chart analysis, NOKPLN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).