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Forex Trend Analysis Report

Prepared for you on Thursday, April 19, 2018.

Euro/Icelandic Krona (FOREX:EURISK)

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.

FOREX_EURISK
Open High Low EURISK Price Change
123.31010 123.33995 123.27560 123.29525 -0.01485
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term down The long term trend has been DOWN since Mar 16th, 2018 at 122.5691

intermediate term down The intermediate term trend has been DOWN since Apr 4th, 2018 at 121.4580

short term up The short term trend has been UP since Apr 10th, 2018 at 121.6224

Smart Scan Analysis for EURISK

Based on a pre-defined weighted trend formula for chart analysis, EURISK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
123.31010 123.33995 123.27560 123.29525 -0.01485
Prev. Close Volume Bid Ask Time
123.31010 122.90870 123.68180 2018-04-19 05:39:30
Want to analyze Euro/Icelandic Krona EURISK or another symbol? Try our Free Forex Trend Analysis Report.