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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Ugandan Shilling/Icelandic Krona (FOREX:UGXISK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low UGXISK Price Change
3.33100 3.36285 3.32320 3.32640 -0.00460
Entry Signal

MarketClub’s Trade Triangles for UGXISK

long term up The long term trend has been UP since May 21st, 2018 at 2.82400

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 3.26455

short term up The short term trend has been UP since Dec 11th, 2018 at 3.30730

Smart Scan Analysis for UGXISK

Based on a pre-defined weighted trend formula for chart analysis, UGXISK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for UGXISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.33100 3.36285 3.32320 3.32640 -0.00460
Prev. Close Volume Bid Ask Time
3.33100 3.30350 3.34930 2018-12-14 13:06:05
Want to analyze Ugandan Shilling/Icelandic Krona UGXISK or another symbol? Try our Free Forex Trend Analysis Report.