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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Sidelines Mode (-55) - ISKGBP 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 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
0.00571436 0.00571620 0.00571315 0.00571385 -0.00000100
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 up The intermediate-term trend has been UP since Apr 19th, 2024 at 0.00572087

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 0.00570274

Smart Scan Analysis for ISKGBP

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

-55
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00571436 0.00571620 0.00571315 0.00571385 -0.00000100
Prev. Close Volume Bid Ask Time
0.00571436 2024-04-26 01:52:19
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