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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Icelandic Krona/Euro (FOREX:ISKEUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_ISKEUR
Open High Low ISKEUR Price Change
0.00728338 0.00728338 0.00728338 0.00728338 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKEUR

long term up The long term trend has been UP since Sep 20th, 2019 at 0.00723100

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2020 at 0.00732606

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.00742948

Smart Scan Analysis for ISKEUR

Based on a pre-defined weighted trend formula for chart analysis, ISKEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for ISKEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00728338 0.00728338 0.00728338 0.00728338 0.00000000
Prev. Close Volume Bid Ask Time
0.00732070 0.00726322 0.00730354 2020-01-07 07:40:15
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