Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Swiss Franc/Icelandic Krona (FOREX:CHFISK)
Long-Term Uptrend (+90) - CHFISK is in a strong uptrend that is likely to continue. While CHFISK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CHFISK?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFISK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFISK
The long-term trend has been UP since Jan 7th, 2020 at 126.95000
The intermediate-term trend has been UP since Dec 12th, 2019 at 124.68114
The short-term trend has been UP since Mar 25th, 2020 at 143.79125
Smart Scan Analysis for CHFISK
Based on our trend formula, CHFISK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).