Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

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

Is it time to buy, sell, or avoid ISKUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ISKUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ISKUSD
Open High Low ISKUSD Price Change
0.0072986 0.0072986 0.0072986 0.0072986 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term down The long-term trend has been DOWN since Feb 5th, 2020 at 0.00798408

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.00690993

short term up The short-term trend has been UP since May 8th, 2020 at 0.00684841

Smart Scan Analysis for ISKUSD

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

+70
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0072986 0.0072986 0.0072986 0.0072986 0.0000000
Prev. Close Volume Bid Ask Time
0.0072986 0.0072018 0.0073954 2020-05-28 07:18:58
Get a free daily analysis and signals for Icelandic Krona/US Dollar (ISKUSD) - Request Your Free Report.