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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Long-Term Downtrend (-90) - ISKGBP is in a strong downtrend that is likely to continue. While ISKGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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
0.00561672 0.00562282 0.00560116 0.00561363 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long-term trend has been DOWN since Sep 6th, 2021 at 0.00568478

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00563723

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.00564888

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00561672 0.00562282 0.00560116 0.00561363 -0.00000300
Prev. Close Volume Bid Ask Time
0.00561672 2021-10-26 14:35:36
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