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Forex Trend Analysis Report

Prepared for you on Thursday, March 21, 2019.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

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_NOKSGD
Open High Low NOKSGD Price Change
0.158630 0.160065 0.158340 0.159470 +0.000840
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term down The long term trend has been DOWN since Aug 17th, 2018 at 0.161795

intermediate term up The intermediate term trend has been UP since Mar 15th, 2019 at 0.158410

short term up The short term trend has been UP since Mar 11th, 2019 at 0.156720

Smart Scan Analysis for NOKSGD

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

+60
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.158630 0.160065 0.158340 0.159470 +0.000840
Prev. Close Volume Bid Ask Time
0.158630 0.159430 0.159510 2019-03-21 09:47:19
Want to analyze Norwegian Krone/Singapore Dollar NOKSGD or another symbol? Try our Free Forex Trend Analysis Report.