Forex Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
Canadian Dollar/Icelandic Krona (FOREX:CADISK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for CADISK
The long term trend has been UP since May 17th, 2018 at 81.72645
The intermediate term trend has been UP since Aug 1st, 2018 at 81.84350
The short term trend has been UP since Oct 1st, 2018 at 85.75500
Smart Scan Analysis for CADISK
Based on a pre-defined weighted trend formula for chart analysis, CADISK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).