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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

Icelandic Krona/Swiss Franc (FOREX:ISKCHF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_ISKCHF
Open High Low ISKCHF Price Change
0.007876 0.007876 0.007844 0.007860 -0.000016
Entry Signal

MarketClub’s Trade Triangles for ISKCHF

long term down The long term trend has been DOWN since May 23rd, 2019 at 0.008094

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2019 at 0.007839

short term down The short term trend has been DOWN since Aug 20th, 2019 at 0.007871

Smart Scan Analysis for ISKCHF

Based on a pre-defined weighted trend formula for chart analysis, ISKCHF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ISKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007876 0.007876 0.007844 0.007860 -0.000016
Prev. Close Volume Bid Ask Time
0.007876 0.007840 0.007881 2019-08-20 15:04:55
Want to analyze Icelandic Krona/Swiss Franc ISKCHF or another symbol? Try our Free Forex Trend Analysis Report.