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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_ISKGBP
Open High Low ISKGBP Price Change
0.00621180 0.00621180 0.00621180 0.00621180 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long term trend has been DOWN since Oct 17th, 2019 at 0.00630400

intermediate term down The intermediate term trend has been DOWN since Dec 8th, 2019 at 0.00626963

short term up The short term trend has been UP since Jan 10th, 2020 at 0.00619241

Smart Scan Analysis for ISKGBP

Based on a pre-defined weighted trend formula for chart analysis, ISKGBP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00621180 0.00621180 0.00621180 0.00621180 0.00000000
Prev. Close Volume Bid Ask Time
0.00621180 0.00612085 0.00630275 2020-01-12 13:08:57
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