Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_ISKDKK
Open High Low ISKDKK Price Change
0.053901 0.053950 0.053800 0.053825 -0.000076
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term down The long term trend has been DOWN since May 22nd, 2019 at 0.053934

intermediate term up The intermediate term trend has been UP since Jul 17th, 2019 at 0.052776

short term down The short term trend has been DOWN since Aug 1st, 2019 at 0.054927

Smart Scan Analysis for ISKDKK

Based on a pre-defined weighted trend formula for chart analysis, ISKDKK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.053901 0.053950 0.053800 0.053825 -0.000076
Prev. Close Volume Bid Ask Time
0.053901 0.053689 0.053961 2019-08-22 14:39:44
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