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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Icelandic Krona/Swiss Franc (FOREX:ISKCHF)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

FOREX_ISKCHF
Open High Low ISKCHF Price Change
0.009390 0.009400 0.009335 0.009360 -0.000030
Entry Signal

MarketClub’s Trade Triangles for ISKCHF

long term up The long term trend has been UP since Oct 26th, 2017 at 0.009426

intermediate term down The intermediate term trend has been DOWN since Nov 22nd, 2017 at 0.009390

short term down The short term trend has been DOWN since Dec 1st, 2017 at 0.009462

Smart Scan Analysis for ISKCHF

Based on a pre-defined weighted trend formula for chart analysis, ISKCHF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ISKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009390 0.009400 0.009335 0.009360 -0.000030
Prev. Close Volume Bid Ask Time
0.009390 0.009330 0.009390 2017-12-15 08:49:05
Want to analyze Icelandic Krona/Swiss Franc ISKCHF or another symbol? Try our Free Forex Trend Analysis Report.