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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

/Icelandic Krona (FOREX:GHSISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 GHSISK Price Change
24.8070 25.0445 24.7570 24.7730 -0.0340
Entry Signal

MarketClub’s Trade Triangles for GHSISK

long term up The long term trend has been UP since Sep 6th, 2018 at 23.29445

intermediate term down The intermediate term trend has been DOWN since Nov 30th, 2018 at 24.67750

short term up The short term trend has been UP since Dec 14th, 2018 at 24.93950

Smart Scan Analysis for GHSISK

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

Smart Scan Analysis for GHSISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.8070 25.0445 24.7570 24.7730 -0.0340
Prev. Close Volume Bid Ask Time
24.8070 24.6930 24.8530 2018-12-14 13:06:04
Want to analyze /Icelandic Krona GHSISK or another symbol? Try our Free Forex Trend Analysis Report.