Future Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
STERLING/NORWAY KRONE JUNE 2019 (ICE:@PK.M19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for @PK.M19
The long term trend has been UP since Aug 20th, 2018 at 10.82425
The intermediate term trend has been DOWN since Mar 21st, 2019 at 11.27400
The short term trend has been DOWN since Apr 8th, 2019 at 11.22725
Smart Scan Analysis for @PK.M19
Based on a pre-defined weighted trend formula for chart analysis, @PK.M19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk Low||11.067|
|52wk Low Date||2019-04-17||Volatility||9.06|