Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Icelandic Krona/British Pound (FOREX:ISKGBP)
Countertrend Down (-85) - ISKGBP 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 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.
MarketClub’s Trade Triangles for ISKGBP
The long-term trend has been DOWN since Aug 2nd, 2022 at 0.00599441
The intermediate-term trend has been DOWN since Jul 7th, 2022 at 0.00612060
The short-term trend has been UP since Aug 19th, 2022 at 0.00604404
Smart Scan Analysis for ISKGBP
Based on our trend formula, ISKGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).