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Forex Trend Analysis Report

Prepared for you on Monday, September 25, 2017.

Swiss Franc/Icelandic Krona (FOREX:CHFISK)

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.

FOREX_CHFISK
Open High Low CHFISK Price Change
110.41000 110.90110 110.20000 110.75905 +0.34905
Entry Signal

MarketClub’s Trade Triangles for CHFISK

long term up The long term trend has been UP since Aug 16th, 2017 at 112.3130

intermediate term up The intermediate term trend has been UP since Aug 16th, 2017 at 112.2254

short term down The short term trend has been DOWN since Sep 25th, 2017 at 110.2900

Smart Scan Analysis for CHFISK

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

+85
Smart Scan Analysis for CHFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.41000 110.90110 110.20000 110.75905 +0.34905
Prev. Close Volume Bid Ask Time
110.41000 110.60790 110.91020 2017-09-25 09:14:24
Want to analyze Swiss Franc/Icelandic Krona CHFISK or another symbol? Try our Free Forex Trend Analysis Report.