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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Bear Market Rally (-75) - ISKUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ISKUSD as it may be in the beginning 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
0.00776999 0.00776999 0.00776999 0.00776999 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 0.00792802

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2021 at 0.00792802

short term up The short-term trend has been UP since Oct 14th, 2021 at 0.00772732

Smart Scan Analysis for ISKUSD

Based on our trend formula, ISKUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00776999 0.00776999 0.00776999 0.00776999 0.00000000
Prev. Close Volume Bid Ask Time
0.00776999 2021-10-21 07:35:53
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