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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.

FOREX_ISKGBP
Open High Low ISKGBP Price Change
0.00601997 0.00605355 0.00600504 0.00602618 +0.00000600
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long-term trend has been DOWN since Aug 2nd, 2022 at 0.00599441

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2022 at 0.00612060

short term up 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).

-85
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00601997 0.00605355 0.00600504 0.00602618 +0.00000600
Prev. Close Volume Bid Ask Time
0.00601997 2022-08-19 16:43:15
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