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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_ISKUSD
Open High Low ISKUSD Price Change
0.008104 0.008115 0.008017 0.008106 +0.000002
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term down The long term trend has been DOWN since May 4th, 2018 at 0.009750

intermediate term up The intermediate term trend has been UP since Dec 6th, 2018 at 0.008187

short term down The short term trend has been DOWN since Dec 10th, 2018 at 0.008133

Smart Scan Analysis for ISKUSD

Based on a pre-defined weighted trend formula for chart analysis, ISKUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008104 0.008115 0.008017 0.008106 +0.000002
Prev. Close Volume Bid Ask Time
0.008104 0.008087 0.008126 2018-12-14 18:09:04
Want to analyze Icelandic Krona/US Dollar ISKUSD or another symbol? Try our Free Forex Trend Analysis Report.