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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Norwegian Krone/US Dollar (FOREX:NOKUSD)

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_NOKUSD
Open High Low NOKUSD Price Change
0.11513 0.11513 0.11513 0.11513 0.00000
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 down The intermediate term trend has been DOWN since Apr 24th, 2019 at 0.115897

short term up The short term trend has been UP since May 22nd, 2019 at 0.114263

Smart Scan Analysis for NOKUSD

Based on a pre-defined weighted trend formula for chart analysis, NOKUSD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for NOKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11513 0.11513 0.11513 0.11513 0.00000
Prev. Close Volume Bid Ask Time
0.11513 0.11509 0.11517 2019-05-25 02:54:00
Want to analyze Norwegian Krone/US Dollar NOKUSD or another symbol? Try our Free Forex Trend Analysis Report.