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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Swiss Franc/Icelandic Krona (FOREX:CHFISK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_CHFISK
Open High Low CHFISK Price Change
104.405 104.495 104.405 104.495 +0.090
Entry Signal

MarketClub’s Trade Triangles for CHFISK

long term down The long term trend has been DOWN since Oct 26th, 2017 at 106.10000

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2017 at 108.87000

short term up The short term trend has been UP since Nov 15th, 2017 at 104.81435

Smart Scan Analysis for CHFISK

Based on a pre-defined weighted trend formula for chart analysis, CHFISK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CHFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.405 104.495 104.405 104.495 +0.090
Prev. Close Volume Bid Ask Time
104.405 104.190 104.800 2017-11-18 23:50:04
Want to analyze Swiss Franc/Icelandic Krona CHFISK or another symbol? Try our Free Forex Trend Analysis Report.