Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Icelandic Krona (FOREX:GBPISK)

Bull Market Weakness (+75) - GBPISK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPISK as it may be in the beginning stages of a reversal.

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

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

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

FOREX_GBPISK
Open High Low GBPISK Price Change
172.94572 173.42199 172.71626 173.29483 +0.34911
Entry Signal

MarketClub’s Trade Triangles for GBPISK

long term down The long-term trend has been DOWN since Mar 26th, 2025 at 171.25575

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2025 at 170.74745

short term up The short-term trend has been UP since Apr 22nd, 2025 at 169.58812

Smart Scan Analysis for GBPISK

Based on our trend formula, GBPISK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
172.94572 173.42199 172.71626 173.29483 +0.34911
Prev. Close Volume Bid Ask Time
172.94572 2025-05-09 08:06:28
Get a free daily analysis and signals for British Pound/Icelandic Krona (GBPISK) - Request Your Free Report.