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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Icelandic Krona/Norwegian Krone (FOREX:ISKNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low ISKNOK Price Change
0.07585 0.07610 0.07585 0.07610 +0.00025
Entry Signal

MarketClub’s Trade Triangles for ISKNOK

long term down The long term trend has been DOWN since Jun 7th, 2018 at 0.07645

intermediate term down The intermediate term trend has been DOWN since May 16th, 2018 at 0.07765

short term up The short term trend has been UP since Jul 12th, 2018 at 0.07540

Smart Scan Analysis for ISKNOK

Based on a pre-defined weighted trend formula for chart analysis, ISKNOK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ISKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07585 0.07610 0.07585 0.07610 +0.00025
Prev. Close Volume Bid Ask Time
0.07585 0.07590 0.07630 2018-07-17 09:31:54
Want to analyze Icelandic Krona/Norwegian Krone ISKNOK or another symbol? Try our Free Forex Trend Analysis Report.