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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Danish Krone/Icelandic Krona (FOREX:DKKISK)

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_DKKISK
Open High Low DKKISK Price Change
18.082 18.082 18.082 18.082 0.000
Entry Signal

MarketClub’s Trade Triangles for DKKISK

long term up The long term trend has been UP since Jun 6th, 2018 at 16.6450

intermediate term up The intermediate term trend has been UP since Aug 22nd, 2018 at 16.7235

short term down The short term trend has been DOWN since Oct 19th, 2018 at 18.0380

Smart Scan Analysis for DKKISK

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

+85
Smart Scan Analysis for DKKISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.082 18.082 18.082 18.082 0.000
Prev. Close Volume Bid Ask Time
18.082 17.814 18.350 2018-10-21 20:21:11
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