Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Euro/Icelandic Krona (FOREX:EURISK)
Countertrend Up (+85) - EURISK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for EURISK
The long-term trend has been UP since Feb 19th, 2020 at 138.1
The intermediate-term trend has been UP since Feb 4th, 2020 at 137.8
The short-term trend has been UP since Feb 19th, 2020 at 137.7
Smart Scan Analysis for EURISK
Based on our trend formula, EURISK is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).