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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Canadian Dollar/Icelandic Krona (FOREX:CADISK)

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_CADISK
Open High Low CADISK Price Change
89.7475 90.0065 89.7135 89.9295 +0.1820
Entry Signal

MarketClub’s Trade Triangles for CADISK

long term up The long term trend has been UP since May 17th, 2018 at 81.72645

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 89.51250

short term down The short term trend has been DOWN since Feb 14th, 2019 at 90.57850

Smart Scan Analysis for CADISK

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

-60
Smart Scan Analysis for CADISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.7475 90.0065 89.7135 89.9295 +0.1820
Prev. Close Volume Bid Ask Time
89.7475 89.6860 90.1730 2019-02-18 07:52:13
Want to analyze Canadian Dollar/Icelandic Krona CADISK or another symbol? Try our Free Forex Trend Analysis Report.