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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.
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MarketClub’s Trade Triangles for ISKGBP
The long-term trend has been DOWN since Oct 17th, 2019 at 0.00630400
The intermediate-term trend has been UP since May 13th, 2020 at 0.00556178
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).
| 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 |