Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

US Dollar/Icelandic Krona (FOREX:USDISK)

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.

FOREX_USDISK
Open High Low USDISK Price Change
124.32 124.39 124.19 124.29 -0.03
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term down The long term trend has been DOWN since Nov 29th, 2019 at 121.17

intermediate term up The intermediate term trend has been UP since Jan 8th, 2020 at 123.47

short term up The short term trend has been UP since Jan 17th, 2020 at 123.51

Smart Scan Analysis for USDISK

Based on a pre-defined weighted trend formula for chart analysis, USDISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.32 124.39 124.19 124.29 -0.03
Prev. Close Volume Bid Ask Time
124.32 123.99 124.59 2020-01-23 09:14:53
Get a free daily report for US Dollar/Icelandic Krona (USDISK) - Free Trend Analysis Report.