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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Long-Term Downtrend (-90) - ISKUSD is in a strong downtrend that is likely to continue. While ISKUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00709596 0.00709596 0.00709596 0.00709596 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 0.00717637

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.00726518

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.00719115

Smart Scan Analysis for ISKUSD

Based on our trend formula, ISKUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00709596 0.00709596 0.00709596 0.00709596 0.00000000
Prev. Close Volume Bid Ask Time
0.00708509 2024-04-17 19:38:10
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