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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Crossroads (-60) - ISKUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ISKUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ISKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ISKUSD
Open High Low ISKUSD Price Change
0.00715465 0.00715465 0.00715465 0.00715465 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 0.00717637

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 0.00715197

short term up The short-term trend has been UP since May 8th, 2024 at 0.00714710

Smart Scan Analysis for ISKUSD

Based on our trend formula, ISKUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00715465 0.00715465 0.00715465 0.00715465 0.00000000
Prev. Close Volume Bid Ask Time
0.00715465 2024-05-08 21:02:50
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