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Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

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
128.40190 128.53497 128.23080 128.53497 +0.13307
Entry Signal

MarketClub’s Trade Triangles for CHFISK

long term up The long term trend has been UP since Jan 7th, 2020 at 126.95000

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 124.68114

short term up The short term trend has been UP since Jan 23rd, 2020 at 128.44302

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
128.40190 128.53497 128.23080 128.53497 +0.13307
Prev. Close Volume Bid Ask Time
128.40190 128.22500 128.84494 2020-01-23 09:39:47
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