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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

British Pound/Icelandic Krona (FOREX:GBPISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_GBPISK
Open High Low GBPISK Price Change
157.88 157.88 157.88 157.88 0.00
Entry Signal

MarketClub’s Trade Triangles for GBPISK

long term up The long term trend has been UP since Sep 7th, 2018 at 141.94

intermediate term up The intermediate term trend has been UP since May 23rd, 2019 at 156.77

short term up The short term trend has been UP since Jul 4th, 2019 at 157.18

Smart Scan Analysis for GBPISK

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

+70
Smart Scan Analysis for GBPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.88 157.88 157.88 157.88 0.00
Prev. Close Volume Bid Ask Time
157.96 157.50 158.26 2019-07-04 09:00:49
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