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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Swiss Franc/Icelandic Krona (FOREX:CHFISK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_CHFISK
Open High Low CHFISK Price Change
126.825 127.040 126.760 126.950 +0.125
Entry Signal

MarketClub’s Trade Triangles for CHFISK

long term up The long term trend has been UP since May 23rd, 2019 at 123.535

intermediate term up The intermediate term trend has been UP since Apr 28th, 2019 at 119.865

short term up The short term trend has been UP since May 3rd, 2019 at 120.535

Smart Scan Analysis for CHFISK

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

+100
Smart Scan Analysis for CHFISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
126.825 127.040 126.760 126.950 +0.125
Prev. Close Volume Bid Ask Time
126.825 126.620 127.280 2019-06-20 09:47:47
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