Forex Trend Analysis Report
Prepared for you on Thursday, November 15, 2018.
Indian Rupee/Icelandic Krona (FOREX:INRISK)
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 INRISK
The long term trend has been UP since Oct 16th, 2018 at 1.59165
The intermediate term trend has been UP since Oct 9th, 2018 at 1.55460
The short term trend has been UP since Nov 8th, 2018 at 1.66620
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).