Forex Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
/Icelandic Krona (FOREX:GHSISK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Sep 6th, 2018 at 23.29445
The intermediate term trend has been UP since Oct 8th, 2018 at 23.84150
The short term trend has been UP since Oct 17th, 2018 at 24.28800
Smart Scan Analysis for GHSISK
Based on a pre-defined weighted trend formula for chart analysis, GHSISK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).