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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

British Pound/Icelandic Krona (FOREX:GBPISK)

Weak Downtrend (-65) - GBPISK is showing signs of a strengthening downtrend. Monitor GBPISK as it may be building momentum to the downside.

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
176.18873 176.37530 175.69857 175.94108 -0.24765
Entry Signal

MarketClub’s Trade Triangles for GBPISK

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 174.60682

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2025 at 175.59943

short term down The short-term trend has been DOWN since Feb 20th, 2025 at 176.27055

Smart Scan Analysis for GBPISK

Based on our trend formula, GBPISK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
176.18873 176.37530 175.69857 175.94108 -0.24765
Prev. Close Volume Bid Ask Time
176.18873 2025-02-21 17:02:51
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