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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Norwegian Krone/US Dollar (FOREX:NOKUSD)

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.

FOREX_NOKUSD
Open High Low NOKUSD Price Change
0.118277 0.118324 0.118265 0.118293 +0.000016
Entry Signal

MarketClub’s Trade Triangles for NOKUSD

long term down The long term trend has been DOWN since May 1st, 2018 at 0.124340

intermediate term up The intermediate term trend has been UP since Mar 15th, 2019 at 0.117440

short term up The short term trend has been UP since Mar 11th, 2019 at 0.115495

Smart Scan Analysis for NOKUSD

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

+70
Smart Scan Analysis for NOKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.118277 0.118324 0.118265 0.118293 +0.000016
Prev. Close Volume Bid Ask Time
0.118277 0.118273 0.118313 2019-03-22 01:57:34
Want to analyze Norwegian Krone/US Dollar NOKUSD or another symbol? Try our Free Forex Trend Analysis Report.