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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

Icelandic Krona/Swiss Franc (FOREX:ISKCHF)

Bear Market Rally (-75) - ISKCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ISKCHF as it may be in the beginning of a reversal.

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

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

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

FOREX_ISKCHF
Open High Low ISKCHF Price Change
0.0064700 0.0064715 0.0064615 0.0064650 -0.0000050
Entry Signal

MarketClub’s Trade Triangles for ISKCHF

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 0.0063915

intermediate term up The intermediate-term trend has been UP since Jul 1st, 2024 at 0.0064875

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 0.0065165

Smart Scan Analysis for ISKCHF

Based on our trend formula, ISKCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ISKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0064700 0.0064715 0.0064615 0.0064650 -0.0000050
Prev. Close Volume Bid Ask Time
0.0064700 2024-07-18 03:00:44
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