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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Icelandic Krona/Canadian Dollar (FOREX:ISKCAD)

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_ISKCAD
Open High Low ISKCAD Price Change
0.01054417 0.01054417 0.01054417 0.01054417 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKCAD

long term up The long term trend has been UP since Dec 4th, 2019 at 0.01083903

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.01065312

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.01087557

Smart Scan Analysis for ISKCAD

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

-60
Smart Scan Analysis for ISKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01054417 0.01054417 0.01054417 0.01054417 0.00000000
Prev. Close Volume Bid Ask Time
0.01054417 0.01051304 0.01057530 2020-01-21 07:42:30
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