Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Icelandic Krona/Danish Krone (FOREX:ISKDKK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.054950 0.055050 0.054950 0.054973 +0.000023
Entry Signal

MarketClub’s Trade Triangles for ISKDKK

long term down The long term trend has been DOWN since Jun 6th, 2018 at 0.060075

intermediate term up The intermediate term trend has been UP since Feb 13th, 2019 at 0.055050

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.055044

Smart Scan Analysis for ISKDKK

Based on a pre-defined weighted trend formula for chart analysis, ISKDKK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ISKDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.054950 0.055050 0.054950 0.054973 +0.000023
Prev. Close Volume Bid Ask Time
0.054950 0.054827 0.055119 2019-02-22 12:26:59
Want to analyze Icelandic Krona/Danish Krone ISKDKK or another symbol? Try our Free Forex Trend Analysis Report.