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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_NOKPLN
Open High Low NOKPLN Price Change
0.437745 0.440385 0.437570 0.440310 +0.002565
Entry Signal

MarketClub’s Trade Triangles for NOKPLN

long term up The long term trend has been UP since Mar 21st, 2019 at 0.446220

intermediate term down The intermediate term trend has been DOWN since Apr 25th, 2019 at 0.443630

short term down The short term trend has been DOWN since May 21st, 2019 at 0.437715

Smart Scan Analysis for NOKPLN

Based on a pre-defined weighted trend formula for chart analysis, NOKPLN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NOKPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.437745 0.440385 0.437570 0.440310 +0.002565
Prev. Close Volume Bid Ask Time
0.437745 0.440130 0.440490 2019-05-21 14:45:26
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