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Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Canadian Dollar/Icelandic Krona (FOREX:CADISK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 CADISK Price Change
90.7230 92.1985 90.6000 91.5930 +0.8700
Entry Signal

MarketClub’s Trade Triangles for CADISK

long term up The long term trend has been UP since May 17th, 2018 at 81.72645

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2018 at 91.94250

short term down The short term trend has been DOWN since Nov 29th, 2018 at 93.51450

Smart Scan Analysis for CADISK

Based on a pre-defined weighted trend formula for chart analysis, CADISK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
90.7230 92.1985 90.6000 91.5930 +0.8700
Prev. Close Volume Bid Ask Time
90.7230 91.3500 91.8360 2018-12-07 13:01:19
Want to analyze Canadian Dollar/Icelandic Krona CADISK or another symbol? Try our Free Forex Trend Analysis Report.