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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Countertrend Up (+85) - ISKUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00725413 0.00725634 0.00725413 0.00725634 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term up The long-term trend has been UP since Jul 15th, 2024 at 0.00728109

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2024 at 0.00722741

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 0.00730108

Smart Scan Analysis for ISKUSD

Based on our trend formula, ISKUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00725413 0.00725634 0.00725413 0.00725634 +0.00000200
Prev. Close Volume Bid Ask Time
0.00725413 2024-07-26 14:00:16
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