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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 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
123.930 124.800 123.775 124.490 +0.560
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long term trend has been UP since Apr 2nd, 2019 at 123.01

intermediate term down The intermediate term trend has been DOWN since Sep 16th, 2019 at 123.88

short term up The short term trend has been UP since Sep 20th, 2019 at 124.17

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
123.930 124.800 123.775 124.490 +0.560
Prev. Close Volume Bid Ask Time
123.930 124.190 124.790 2019-09-20 17:44:17
Want to analyze US Dollar/Icelandic Krona USDISK or another symbol? Try our Free Forex Trend Analysis Report.