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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_ISKDKK
Open High Low ISKDKK Price Change
0.05431693 0.05431954 0.05430697 0.05431954 +0.00000300
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term up The long term trend has been UP since Sep 27th, 2019 at 0.05544900

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 0.05482202

short term up The short term trend has been UP since Jan 12th, 2020 at 0.05451879

Smart Scan Analysis for ISKDKK

Based on a pre-defined weighted trend formula for chart analysis, ISKDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05431693 0.05431954 0.05430697 0.05431954 +0.00000300
Prev. Close Volume Bid Ask Time
0.05431693 0.05353001 0.05510907 2020-01-21 21:00:32
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