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.
MarketClub’s Trade Triangles for ISKGBP
The long-term trend has been DOWN since Sep 6th, 2021 at 0.00568478
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 0.00563723
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).