Forex Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
Australian Dollar/Icelandic Krona (FOREX:AUDISK)
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.
MarketClub’s Trade Triangles for AUDISK
The long term trend has been UP since Aug 15th, 2017 at 84.99465
The intermediate term trend has been DOWN since Sep 28th, 2017 at 83.17585
The short term trend has been UP since Oct 12th, 2017 at 82.28860
Smart Scan Analysis for AUDISK
Based on a pre-defined weighted trend formula for chart analysis, AUDISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).