Forex Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
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.
MarketClub’s Trade Triangles for ISKCHF
The long-term trend has been DOWN since Jan 9th, 2020 at 0.00787600
The intermediate-term trend has been DOWN since Dec 13th, 2019 at 0.00804771
The short-term trend has been UP since Apr 6th, 2020 at 0.00680550
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).