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Forex Trend Analysis Report

Prepared for you on Wednesday, September 19, 2018.

Indian Rupee/Icelandic Krona (FOREX:INRISK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_INRISK
Open High Low INRISK Price Change
1.50480 1.51015 1.49475 1.50945 +0.00465
Entry Signal

MarketClub’s Trade Triangles for INRISK

long term down The long term trend has been DOWN since Aug 30th, 2018 at 1.50825

intermediate term down The intermediate term trend has been DOWN since Sep 17th, 2018 at 1.50665

short term down The short term trend has been DOWN since Sep 14th, 2018 at 1.55455

Smart Scan Analysis for INRISK

Based on a pre-defined weighted trend formula for chart analysis, INRISK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for INRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.50480 1.51015 1.49475 1.50945 +0.00465
Prev. Close Volume Bid Ask Time
1.50480 1.50510 1.51380 2018-09-18 14:26:04
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