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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Strong Downtrend (-100) - ISKGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ISKGBP continues to fall. 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
0.00567118 0.00567557 0.00566921 0.00567232 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long-term trend has been DOWN since Nov 3rd, 2023 at 0.00586503

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2024 at 0.00571308

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 0.00569626

Smart Scan Analysis for ISKGBP

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

-100
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00567118 0.00567557 0.00566921 0.00567232 +0.00000100
Prev. Close Volume Bid Ask Time
0.00567118 2024-04-14 22:55:27
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