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.
MarketClub’s Trade Triangles for ISKCHF
The long-term trend has been DOWN since Aug 17th, 2021 at 0.0072215
The intermediate-term trend has been DOWN since Jul 13th, 2021 at 0.0074020
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).