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.
MarketClub’s Trade Triangles for ISKUSD
The long-term trend has been DOWN since Aug 10th, 2021 at 0.00792802
The intermediate-term trend has been DOWN since Aug 10th, 2021 at 0.00792802
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).