Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
/Icelandic Krona (FOREX:GHSISK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.
MarketClub’s Trade Triangles for GHSISK
The long term trend has been DOWN since Jul 25th, 2018 at 21.91205
The intermediate term trend has been UP since Aug 7th, 2018 at 22.48400
The short term trend has been DOWN since Aug 16th, 2018 at 22.37550
Smart Scan Analysis for GHSISK
Based on a pre-defined weighted trend formula for chart analysis, GHSISK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).