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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

/Icelandic Krona (FOREX:GHSISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_GHSISK
Open High Low GHSISK Price Change
22.8690 22.8925 22.8275 22.8450 -0.0240
Entry Signal

MarketClub’s Trade Triangles for GHSISK

long term down The long term trend has been DOWN since Feb 7th, 2019 at 23.6175

intermediate term down The intermediate term trend has been DOWN since Jan 28th, 2019 at 24.1120

short term up The short term trend has been UP since Feb 21st, 2019 at 22.8785

Smart Scan Analysis for GHSISK

Based on a pre-defined weighted trend formula for chart analysis, GHSISK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for GHSISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.8690 22.8925 22.8275 22.8450 -0.0240
Prev. Close Volume Bid Ask Time
22.8690 22.7700 22.9200 2019-02-21 07:27:27
Want to analyze /Icelandic Krona GHSISK or another symbol? Try our Free Forex Trend Analysis Report.