Forex Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Icelandic Krona/Danish Krone (FOREX:ISKDKK)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for ISKDKK
The long term trend has been UP since Sep 27th, 2019 at 0.05544900
The intermediate term trend has been UP since Jan 29th, 2020 at 0.05471843
The short term trend has been UP since Jan 24th, 2020 at 0.05431954
Smart Scan Analysis for ISKDKK
Based on a pre-defined weighted trend formula for chart analysis, ISKDKK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).