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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Ugandan Shilling/Icelandic Krona (FOREX:UGXISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_UGXISK
Open High Low UGXISK Price Change
2.88405 2.89370 2.87465 2.87620 -0.00785
Entry Signal

MarketClub’s Trade Triangles for UGXISK

long term up The long term trend has been UP since May 21st, 2018 at 2.8240

intermediate term up The intermediate term trend has been UP since Sep 7th, 2018 at 2.9481

short term up The short term trend has been UP since Sep 20th, 2018 at 2.8921

Smart Scan Analysis for UGXISK

Based on a pre-defined weighted trend formula for chart analysis, UGXISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for UGXISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.88405 2.89370 2.87465 2.87620 -0.00785
Prev. Close Volume Bid Ask Time
2.88405 2.85600 2.89640 2018-09-20 14:23:27
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