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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Icelandic Krona/Swedish Krona (FOREX:ISKSEK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ISKSEK
Open High Low ISKSEK Price Change
0.07673485 0.07673485 0.07673485 0.07673485 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKSEK

long term down The long term trend has been DOWN since Jan 2nd, 2020 at 0.07736413

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.07685279

short term down The short term trend has been DOWN since Nov 21st, 2019 at 0.07815618

Smart Scan Analysis for ISKSEK

Based on a pre-defined weighted trend formula for chart analysis, ISKSEK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ISKSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07673485 0.07673485 0.07673485 0.07673485 0.00000000
Prev. Close Volume Bid Ask Time
0.07673485 0.07651109 0.07695860 2020-01-21 07:42:30
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