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.
MarketClub’s Trade Triangles for EURISK
The long-term trend has been DOWN since Nov 30th, 2020 at 160.8
The intermediate-term trend has been DOWN since Nov 11th, 2020 at 163.2
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).