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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Norwegian Krone/South African Rand (FOREX:NOKZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_NOKZAR
Open High Low NOKZAR Price Change
1.68670 1.69290 1.67845 1.69120 +0.00450
Entry Signal

MarketClub’s Trade Triangles for NOKZAR

long term up The long term trend has been UP since Mar 14th, 2019 at 1.69615

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2019 at 1.65395

short term up The short term trend has been UP since Jun 24th, 2019 at 1.68960

Smart Scan Analysis for NOKZAR

Based on a pre-defined weighted trend formula for chart analysis, NOKZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for NOKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.68670 1.69290 1.67845 1.69120 +0.00450
Prev. Close Volume Bid Ask Time
1.68670 1.69100 1.69140 2019-06-24 09:35:08
Want to analyze Norwegian Krone/South African Rand NOKZAR or another symbol? Try our Free Forex Trend Analysis Report.