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.
MarketClub’s Trade Triangles for NOKPLN
The long term trend has been UP since Mar 21st, 2019 at 0.446220
The intermediate term trend has been DOWN since Apr 25th, 2019 at 0.443630
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).