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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Icelandic Krona (FOREX:EURISK)
Weak Downtrend (-65) - EURISK is showing signs of a strengthening downtrend. Monitor EURISK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURISK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURISK
The long-term trend has been UP since Nov 12th, 2023 at 147.40
The intermediate-term trend has been DOWN since May 1st, 2024 at 149.97
The short-term trend has been DOWN since May 1st, 2024 at 149.97
Smart Scan Analysis for EURISK
Based on our trend formula, EURISK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 150.18 | 150.18 | 150.18 | 150.18 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 150.18 | 2024-05-08 21:02:50 |
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