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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Euro/Icelandic Krona (FOREX:EURISK)

Strong Downtrend (-100) - EURISK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_EURISK
Open High Low EURISK Price Change
156 156 156 156 0
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term down The long-term trend has been DOWN since Nov 30th, 2020 at 160.8

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2020 at 163.2

short term down The short-term trend has been DOWN since Nov 11th, 2020 at 163.7

Smart Scan Analysis for EURISK

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

-100
Smart Scan Analysis for EURISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
156 156 156 156 0
Prev. Close Volume Bid Ask Time
153 2020-12-02 07:11:30
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