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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Icelandic Krona/Norwegian Krone (FOREX:ISKNOK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_ISKNOK
Open High Low ISKNOK Price Change
0.07930 0.07935 0.07815 0.07855 -0.00075
Entry Signal

MarketClub’s Trade Triangles for ISKNOK

long term up The long term trend has been UP since Nov 9th, 2017 at 0.07805

intermediate term up The intermediate term trend has been UP since Sep 28th, 2017 at 0.07490

short term down The short term trend has been DOWN since Nov 22nd, 2017 at 0.07920

Smart Scan Analysis for ISKNOK

Based on a pre-defined weighted trend formula for chart analysis, ISKNOK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for ISKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07930 0.07935 0.07815 0.07855 -0.00075
Prev. Close Volume Bid Ask Time
0.07930 0.07830 0.07880 2017-11-22 13:16:34
Want to analyze Icelandic Krona/Norwegian Krone ISKNOK or another symbol? Try our Free Forex Trend Analysis Report.