Forex Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
New Zealand Dollar/Icelandic Krona (FOREX:NZDISK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 NZDISK
The long term trend has been UP since Jun 4th, 2018 at 73.9909
The intermediate term trend has been UP since May 27th, 2019 at 81.0045
The short term trend has been UP since Jun 13th, 2019 at 82.3920
Smart Scan Analysis for NZDISK
Based on a pre-defined weighted trend formula for chart analysis, NZDISK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).