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.
MarketClub’s Trade Triangles for ISKUSD
The long-term trend has been DOWN since Feb 5th, 2020 at 0.00798408
The intermediate-term trend has been UP since May 18th, 2020 at 0.00690993
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).