Analyze Symbol

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.

FOREX_ISKDKK
Open High Low ISKDKK Price Change
0.054134 0.055184 0.054134 0.054820 +0.000686
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 Sep 16th, 2019 at 0.054171

short term up 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).

+70
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.054134 0.055184 0.054134 0.054820 +0.000686
Prev. Close Volume Bid Ask Time
0.054134 0.054681 0.054958 2019-09-16 11:15:19
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