Forex Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
Icelandic Krona/Canadian Dollar (FOREX:ISKCAD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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.
MarketClub’s Trade Triangles for ISKCAD
The long term trend has been DOWN since May 31st, 2018 at 0.012636
The intermediate term trend has been UP since Mar 4th, 2019 at 0.011064
The short term trend has been UP since Mar 4th, 2019 at 0.011027
Smart Scan Analysis for ISKCAD
Based on a pre-defined weighted trend formula for chart analysis, ISKCAD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).