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Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Euro/Icelandic Krona (FOREX:EURISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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 EURISK Price Change
138.200 139.790 138.095 138.800 +0.600
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term up The long term trend has been UP since Jun 6th, 2018 at 123.99575

intermediate term up The intermediate term trend has been UP since Aug 22nd, 2018 at 124.66000

short term down The short term trend has been DOWN since Dec 7th, 2018 at 138.19000

Smart Scan Analysis for EURISK

Based on a pre-defined weighted trend formula for chart analysis, EURISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for EURISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
138.200 139.790 138.095 138.800 +0.600
Prev. Close Volume Bid Ask Time
138.2 138.440 139.160 2018-12-07 13:01:18
Want to analyze Euro/Icelandic Krona EURISK or another symbol? Try our Free Forex Trend Analysis Report.