Forex Trend Analysis Report
Prepared for you on Monday, February 27, 2017.
Icelandic Krona/Norwegian Krone (FOREX:ISKNOK)
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 ISKNOK
The long term trend has been UP since Feb 24th, 2017 at 0.0770
The intermediate term trend has been UP since Feb 2nd, 2017 at 0.0755
The short term trend has been UP since Feb 1st, 2017 at 0.0718
Smart Scan Analysis for ISKNOK
Based on a pre-defined weighted trend formula for chart analysis, ISKNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).