Forex Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
Icelandic Krona/Swiss Franc (FOREX:ISKCHF)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for ISKCHF
The long term trend has been DOWN since Jun 8th, 2018 at 0.009265
The intermediate term trend has been UP since Jul 2nd, 2018 at 0.009370
The short term trend has been UP since Jun 27th, 2018 at 0.009150
Smart Scan Analysis for ISKCHF
Based on a pre-defined weighted trend formula for chart analysis, ISKCHF scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).