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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_ISKUSD
Open High Low ISKUSD Price Change
0.008085 0.008093 0.008070 0.008083 -0.000002
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term down The long term trend has been DOWN since Apr 2nd, 2019 at 0.008129

intermediate term up The intermediate term trend has been UP since Sep 16th, 2019 at 0.008072

short term up The short term trend has been UP since Sep 13th, 2019 at 0.008009

Smart Scan Analysis for ISKUSD

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

+60
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008085 0.008093 0.008070 0.008083 -0.000002
Prev. Close Volume Bid Ask Time
0.008085 0.008063 0.008104 2019-09-17 06:19:52
Want to analyze Icelandic Krona/US Dollar ISKUSD or another symbol? Try our Free Forex Trend Analysis Report.