Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
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.
MarketClub’s Trade Triangles for ISKGBP
The long-term trend has been UP since Jul 19th, 2023 at 0.00593449
The intermediate-term trend has been DOWN since Sep 14th, 2023 at 0.00592400
The short-term trend has been DOWN since Sep 28th, 2023 at 0.00595825
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).