Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Icelandic Krona/Danish Krone (FOREX:ISKDKK)
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.
MarketClub’s Trade Triangles for ISKDKK
The long term trend has been DOWN since May 22nd, 2019 at 0.053934
The intermediate term trend has been UP since Sep 16th, 2019 at 0.054171
The short term trend has been UP since Sep 9th, 2019 at 0.053575
Smart Scan Analysis for ISKDKK
Based on a pre-defined weighted trend formula for chart analysis, ISKDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).