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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Bear Market Rally (-75) - ISKGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ISKGBP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ISKGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for ISKGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ISKGBP
Open High Low ISKGBP Price Change
0.00564627 0.00564764 0.00562543 0.00562932 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long-term trend has been DOWN since Nov 3rd, 2023 at 0.00586503

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 0.00563904

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.00563899

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00564627 0.00564764 0.00562543 0.00562932 -0.00001700
Prev. Close Volume Bid Ask Time
0.00564627 2024-07-26 17:00:07
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