Forex Trend Analysis Report
Prepared for you on Tuesday, July 16, 2019.
Norwegian Krone/Polish New Zloty (FOREX:NOKPLN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
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 UP since Jul 10th, 2019 at 0.440800
Smart Scan Analysis for NOKPLN
Based on a pre-defined weighted trend formula for chart analysis, NOKPLN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).