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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Crossroads (-60) - ISKGBP is struggling to move into a solid trend. Beware of choppy markets 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
0.00596466 0.00600394 0.00594704 0.00595366 -0.00001100
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long-term trend has been DOWN since Oct 17th, 2019 at 0.00630400

intermediate term up The intermediate-term trend has been UP since May 13th, 2020 at 0.00556178

short term up The short-term trend has been UP since May 13th, 2020 at 0.00548692

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00596466 0.00600394 0.00594704 0.00595366 -0.00001100
Prev. Close Volume Bid Ask Time
0.00596466 0.00594053 0.00596680 2020-05-29 17:08:57
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