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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Qatari Rial/Icelandic Krona (FOREX:QARISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low QARISK Price Change
34.0235 34.2735 33.9960 34.2350 +0.2115
Entry Signal

MarketClub’s Trade Triangles for QARISK

long term up The long term trend has been UP since Apr 2nd, 2019 at 33.7870

intermediate term down The intermediate term trend has been DOWN since Sep 16th, 2019 at 34.0905

short term up The short term trend has been UP since Sep 20th, 2019 at 34.0880

Smart Scan Analysis for QARISK

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

Smart Scan Analysis for QARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.0235 34.2735 33.9960 34.2350 +0.2115
Prev. Close Volume Bid Ask Time
34.0235 34.1430 34.3270 2019-09-20 13:43:38
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