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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Icelandic Krona/Japanese Yen (FOREX:ISKJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_ISKJPY
Open High Low ISKJPY Price Change
0.8875554 0.8875554 0.8875554 0.8875554 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ISKJPY

long term up The long term trend has been UP since Oct 28th, 2019 at 0.8704810

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.8927852

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.8943822

Smart Scan Analysis for ISKJPY

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

-70
Smart Scan Analysis for ISKJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8875554 0.8875554 0.8875554 0.8875554 0.0000000
Prev. Close Volume Bid Ask Time
0.8875554 0.8849558 0.8901549 2020-01-21 07:42:30
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