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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

US Dollar/Icelandic Krona (FOREX:USDISK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_USDISK
Open High Low USDISK Price Change
121.43 121.57 121.33 121.53 +0.10
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long term trend has been UP since May 4th, 2018 at 102.57

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 122.15

short term down The short term trend has been DOWN since Dec 6th, 2018 at 122.26

Smart Scan Analysis for USDISK

Based on a pre-defined weighted trend formula for chart analysis, USDISK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
121.43 121.57 121.33 121.53 +0.10
Prev. Close Volume Bid Ask Time
121.43 121.23 121.83 2018-12-10 04:22:57
Want to analyze US Dollar/Icelandic Krona USDISK or another symbol? Try our Free Forex Trend Analysis Report.