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Forex Trend Analysis Report

Prepared for you on Friday, May 26, 2017.

Icelandic Krona/Norwegian Krone (FOREX:ISKNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_ISKNOK
Open High Low ISKNOK Price Change
0.08345 0.08365 0.08310 0.08310 -0.00035
Entry Signal

MarketClub’s Trade Triangles for ISKNOK

long term up The long term trend has been UP since Feb 24th, 2017 at 0.07700

intermediate term up The intermediate term trend has been UP since Apr 19th, 2017 at 0.07755

short term up The short term trend has been UP since Apr 5th, 2017 at 0.07625

Smart Scan Analysis for ISKNOK

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

+100
Smart Scan Analysis for ISKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08345 0.08365 0.08310 0.08310 -0.00035
Prev. Close Volume Bid Ask Time
0.08305 0.08300 0.08320 2017-05-24 14:32:45
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