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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

Ugandan Shilling/Icelandic Krona (FOREX:UGXISK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_UGXISK
Open High Low UGXISK Price Change
2.8419 2.8441 2.8372 2.8397 -0.0022
Entry Signal

MarketClub’s Trade Triangles for UGXISK

long term down The long term trend has been DOWN since Nov 9th, 2017 at 2.8614

intermediate term down The intermediate term trend has been DOWN since Dec 29th, 2017 at 2.8505

short term down The short term trend has been DOWN since Jan 11th, 2018 at 2.8417

Smart Scan Analysis for UGXISK

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

-90
Smart Scan Analysis for UGXISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8419 2.8441 2.8372 2.8397 -0.0022
Prev. Close Volume Bid Ask Time
2.8419 2.8185 2.8609 2018-01-17 05:58:25
Want to analyze Ugandan Shilling/Icelandic Krona UGXISK or another symbol? Try our Free Forex Trend Analysis Report.