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Forex Trend Analysis Report

Prepared for you on Tuesday, July 25, 2017.

Icelandic Krona/Norwegian Krone (FOREX:ISKNOK)

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_ISKNOK
Open High Low ISKNOK Price Change
0.07570 0.07570 0.07505 0.07535 -0.00035
Entry Signal

MarketClub’s Trade Triangles for ISKNOK

long term down The long term trend has been DOWN since Jul 19th, 2017 at 0.07535

intermediate term down The intermediate term trend has been DOWN since Jun 20th, 2017 at 0.08410

short term down The short term trend has been DOWN since Jul 25th, 2017 at 0.07530

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
0.07570 0.07570 0.07505 0.07535 -0.00035
Prev. Close Volume Bid Ask Time
0.07570 0.07520 0.07550 2017-07-25 13:57:03
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