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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Saudi Arabian Riyal/Icelandic Krona (FOREX:SARISK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_SARISK
Open High Low SARISK Price Change
31.8220 31.8365 31.1885 31.1910 -0.6310
Entry Signal

MarketClub’s Trade Triangles for SARISK

long term up The long term trend has been UP since May 4th, 2018 at 27.3373

intermediate term up The intermediate term trend has been UP since Sep 6th, 2018 at 29.3700

short term up The short term trend has been UP since Oct 1st, 2018 at 29.6600

Smart Scan Analysis for SARISK

Based on a pre-defined weighted trend formula for chart analysis, SARISK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.8220 31.8365 31.1885 31.1910 -0.6310
Prev. Close Volume Bid Ask Time
31.822 31.1100 31.2720 2018-10-18 14:46:47
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