Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Icelandic Krona/Swiss Franc (FOREX:ISKCHF)
Long-Term Uptrend (+90) - ISKCHF is in a strong uptrend that is likely to continue. While ISKCHF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Nov 27th, 2020 at 0.0067735
The intermediate-term trend has been UP since Nov 9th, 2020 at 0.0065745
The short-term trend has been UP since Nov 27th, 2020 at 0.0067555
Smart Scan Analysis for ISKCHF
Based on our trend formula, ISKCHF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).