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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Australian Dollar/Icelandic Krona (FOREX:AUDISK)

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 AUDISK Price Change
79.3760 80.3160 79.2095 80.2495 +0.8735
Entry Signal

MarketClub’s Trade Triangles for AUDISK

long term up The long term trend has been UP since Jun 4th, 2018 at 80.35865

intermediate term up The intermediate term trend has been UP since Sep 6th, 2018 at 79.54800

short term down The short term trend has been DOWN since Sep 14th, 2018 at 80.25100

Smart Scan Analysis for AUDISK

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

Smart Scan Analysis for AUDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.3760 80.3160 79.2095 80.2495 +0.8735
Prev. Close Volume Bid Ask Time
79.3760 80.0090 80.4900 2018-09-19 14:28:17
Want to analyze Australian Dollar/Icelandic Krona AUDISK or another symbol? Try our Free Forex Trend Analysis Report.