Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

Romanian Leu/Norwegian Krone (FOREX:RONNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low RONNOK Price Change
2.04090 2.04185 2.03650 2.03975 -0.00115
Entry Signal

MarketClub’s Trade Triangles for RONNOK

long term down The long term trend has been DOWN since Feb 1st, 2019 at 2.03130

intermediate term down The intermediate term trend has been DOWN since Jun 24th, 2019 at 2.04295

short term up The short term trend has been UP since Jul 18th, 2019 at 2.03625

Smart Scan Analysis for RONNOK

Based on a pre-defined weighted trend formula for chart analysis, RONNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for RONNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.04090 2.04185 2.03650 2.03975 -0.00115
Prev. Close Volume Bid Ask Time
2.04090 2.03660 2.04290 2019-07-18 11:04:13
Want to analyze Romanian Leu/Norwegian Krone RONNOK or another symbol? Try our Free Forex Trend Analysis Report.