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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Swiss Franc/Icelandic Krona (FOREX:CHFISK)

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_CHFISK
Open High Low CHFISK Price Change
118.20 118.44 118.11 118.31 +0.11
Entry Signal

MarketClub’s Trade Triangles for CHFISK

long term up The long term trend has been UP since Jun 8th, 2018 at 107.825

intermediate term down The intermediate term trend has been DOWN since Feb 4th, 2019 at 119.985

short term down The short term trend has been DOWN since Feb 13th, 2019 at 119.385

Smart Scan Analysis for CHFISK

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

-70
Smart Scan Analysis for CHFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.20 118.44 118.11 118.31 +0.11
Prev. Close Volume Bid Ask Time
118.2 118.01 118.61 2019-02-17 21:17:26
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