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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

US Dollar/Icelandic Krona (FOREX:USDISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_USDISK
Open High Low USDISK Price Change
119.620 119.760 119.515 119.620 0.000
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long term trend has been UP since May 4th, 2018 at 102.57

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 119.15

short term up The short term trend has been UP since Feb 19th, 2019 at 120.31

Smart Scan Analysis for USDISK

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

-55
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.620 119.760 119.515 119.620 0.000
Prev. Close Volume Bid Ask Time
119.620 119.300 119.940 2019-02-20 04:59:56
Want to analyze US Dollar/Icelandic Krona USDISK or another symbol? Try our Free Forex Trend Analysis Report.