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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Bull Market Weakness (+75) - ISKGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ISKGBP as it may be in the beginning stages of a reversal.

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
0.00563534 0.00568160 0.00562332 0.00567899 +0.00004400
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 Nov 16th, 2020 at 0.00556605

short term up The short-term trend has been UP since Nov 25th, 2020 at 0.00554088

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00563534 0.00568160 0.00562332 0.00567899 +0.00004400
Prev. Close Volume Bid Ask Time
0.00563534 2020-12-01 10:06:01
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