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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Icelandic Krona/Swiss Franc (FOREX:ISKCHF)

Sidelines Mode (-55) - ISKCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00628950 0.00633135 0.00628000 0.00633135 +0.00004200
Entry Signal

MarketClub’s Trade Triangles for ISKCHF

long term down The long-term trend has been DOWN since Oct 11th, 2023 at 0.0065345

intermediate term down The intermediate-term trend has been DOWN since Sep 4th, 2023 at 0.0066225

short term up The short-term trend has been UP since Dec 7th, 2023 at 0.0062940

Smart Scan Analysis for ISKCHF

Based on our trend formula, ISKCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ISKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00628950 0.00633135 0.00628000 0.00633135 +0.00004200
Prev. Close Volume Bid Ask Time
0.00633135 2023-12-08 20:32:20
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