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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

Icelandic Krona/Canadian Dollar (FOREX:ISKCAD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_ISKCAD
Open High Low ISKCAD Price Change
0.010973 0.010973 0.010973 0.010973 0.000000
Entry Signal

MarketClub’s Trade Triangles for ISKCAD

long term down The long term trend has been DOWN since May 31st, 2018 at 0.012636

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 0.011712

short term down The short term trend has been DOWN since Jan 14th, 2019 at 0.011182

Smart Scan Analysis for ISKCAD

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

-100
Smart Scan Analysis for ISKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.010973 0.010973 0.010973 0.010973 0.000000
Prev. Close Volume Bid Ask Time
0.010973 0.010941 0.011006 2019-01-18 09:10:42
Want to analyze Icelandic Krona/Canadian Dollar ISKCAD or another symbol? Try our Free Forex Trend Analysis Report.