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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)

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.

Open High Low SGDNOK Price Change
6.37420 6.38795 6.36260 6.37960 +0.00540
Entry Signal

MarketClub’s Trade Triangles for SGDNOK

long term up The long term trend has been UP since Aug 17th, 2018 at 6.18070

intermediate term up The intermediate term trend has been UP since May 2nd, 2019 at 6.38350

short term down The short term trend has been DOWN since May 13th, 2019 at 6.38825

Smart Scan Analysis for SGDNOK

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

Smart Scan Analysis for SGDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.37420 6.38795 6.36260 6.37960 +0.00540
Prev. Close Volume Bid Ask Time
6.37420 6.37630 6.38290 2019-05-17 18:22:52
Want to analyze Singapore Dollar/Norwegian Krone SGDNOK or another symbol? Try our Free Forex Trend Analysis Report.