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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2019.

Ugandan Shilling/Icelandic Krona (FOREX:UGXISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.

Open High Low UGXISK Price Change
3.38740 3.39555 3.38555 3.38800 +0.00060
Entry Signal

MarketClub’s Trade Triangles for UGXISK

long term up The long term trend has been UP since Jun 12th, 2019 at 3.31875

intermediate term up The intermediate term trend has been UP since Mar 26th, 2019 at 3.28655

short term down The short term trend has been DOWN since Jul 18th, 2019 at 3.40365

Smart Scan Analysis for UGXISK

Based on a pre-defined weighted trend formula for chart analysis, UGXISK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for UGXISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.38740 3.39555 3.38555 3.38800 +0.00060
Prev. Close Volume Bid Ask Time
3.38740 3.36470 3.41130 2019-07-19 14:07:38
Want to analyze Ugandan Shilling/Icelandic Krona UGXISK or another symbol? Try our Free Forex Trend Analysis Report.