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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Icelandic Krona/British Pound (FOREX:ISKGBP)

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_ISKGBP
Open High Low ISKGBP Price Change
0.006372 0.006403 0.006371 0.006392 +0.000020
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long term trend has been DOWN since Sep 10th, 2018 at 0.006880

intermediate term down The intermediate term trend has been DOWN since Jan 13th, 2019 at 0.006464

short term down The short term trend has been DOWN since Jan 4th, 2019 at 0.006734

Smart Scan Analysis for ISKGBP

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

-100
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006372 0.006403 0.006371 0.006392 +0.000020
Prev. Close Volume Bid Ask Time
0.006372 0.006376 0.006409 2019-01-18 13:08:52
Want to analyze Icelandic Krona/British Pound ISKGBP or another symbol? Try our Free Forex Trend Analysis Report.