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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

Icelandic Krona/Swiss Franc (FOREX:ISKCHF)

Countertrend Down (-85) - ISKCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.0071625 0.0071805 0.0071570 0.0071675 +0.0000050
Entry Signal

MarketClub’s Trade Triangles for ISKCHF

long term down The long-term trend has been DOWN since Aug 17th, 2021 at 0.0072215

intermediate term down The intermediate-term trend has been DOWN since Jul 13th, 2021 at 0.0074020

short term up The short-term trend has been UP since Oct 15th, 2021 at 0.0071760

Smart Scan Analysis for ISKCHF

Based on our trend formula, ISKCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ISKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0071625 0.0071805 0.0071570 0.0071675 +0.0000050
Prev. Close Volume Bid Ask Time
0.0071625 2021-10-15 15:38:06
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