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Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Norwegian Krone/South African Rand (FOREX:NOKZAR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low NOKZAR Price Change
1.68005 1.70165 1.67710 1.70165 +0.02160
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 up The intermediate term trend has been UP since Feb 14th, 2019 at 1.62605

short term down The short term trend has been DOWN since Mar 19th, 2019 at 1.68300

Smart Scan Analysis for NOKZAR

Based on a pre-defined weighted trend formula for chart analysis, NOKZAR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NOKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.68005 1.70165 1.67710 1.70165 +0.02160
Prev. Close Volume Bid Ask Time
1.68005 1.68430 1.71900 2019-03-22 18:26:47
Want to analyze Norwegian Krone/South African Rand NOKZAR or another symbol? Try our Free Forex Trend Analysis Report.