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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Singapore Dollar/Norwegian Krone (FOREX:SGDNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SGDNOK
Open High Low SGDNOK Price Change
6.50520 6.50520 6.48760 6.50265 -0.00255
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 Jul 26th, 2019 at 6.37065

short term up The short term trend has been UP since Aug 14th, 2019 at 6.45295

Smart Scan Analysis for SGDNOK

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

+100
Smart Scan Analysis for SGDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.50520 6.50520 6.48760 6.50265 -0.00255
Prev. Close Volume Bid Ask Time
6.50520 6.50220 6.50310 2019-08-18 22:35:37
Want to analyze Singapore Dollar/Norwegian Krone SGDNOK or another symbol? Try our Free Forex Trend Analysis Report.