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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Norwegian Krone/Singapore Dollar (FOREX:NOKSGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_NOKSGD
Open High Low NOKSGD Price Change
0.150173 0.150293 0.149845 0.150156 -0.000017
Entry Signal

MarketClub’s Trade Triangles for NOKSGD

long term up The long term trend has been UP since Jan 2nd, 2020 at 0.1536625

intermediate term down The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.1510900

short term down The short term trend has been DOWN since Jan 3rd, 2020 at 0.1527220

Smart Scan Analysis for NOKSGD

Based on a pre-defined weighted trend formula for chart analysis, NOKSGD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for NOKSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.150173 0.150293 0.149845 0.150156 -0.000017
Prev. Close Volume Bid Ask Time
0.150173 0.150124 0.150188 2020-01-23 08:33:56
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