Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
Norwegian Krone/Russian Ruble (FOREX:NOKRUB)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.
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MarketClub’s Trade Triangles for NOKRUB
The long term trend has been DOWN since Jan 24th, 2019 at 7.6576
The intermediate term trend has been DOWN since Apr 23rd, 2019 at 7.4882
The short term trend has been UP since May 23rd, 2019 at 7.3685
Smart Scan Analysis for NOKRUB
Based on a pre-defined weighted trend formula for chart analysis, NOKRUB scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.4016 | 7.4138 | 7.3942 | 7.4020 | +0.0004 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.4016 | 7.4020 | 7.4020 | 2019-05-24 09:11:36 |