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Forex Trend Analysis Report

Prepared for you on Monday, March 31, 2025.

British Pound/Icelandic Krona (FOREX:GBPISK)

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

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
170.44299 170.88735 170.23147 170.60571 +0.16272
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 down The intermediate-term trend has been DOWN since Mar 6th, 2025 at 174.81366

short term down The short-term trend has been DOWN since Mar 26th, 2025 at 171.91025

Smart Scan Analysis for GBPISK

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

-100
Smart Scan Analysis for GBPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
170.44299 170.88735 170.23147 170.60571 +0.16272
Prev. Close Volume Bid Ask Time
170.44299 2025-03-31 17:19:51
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