Forex Trend Analysis Report
Prepared for you on Saturday, December 5, 2020.
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.
MarketClub’s Trade Triangles for ISKUSD
The long-term trend has been UP since Nov 30th, 2020 at 0.00741274
The intermediate-term trend has been UP since Nov 11th, 2020 at 0.00721825
The short-term trend has been UP since Nov 11th, 2020 at 0.00718387
Smart Scan Analysis for ISKUSD
Based on our trend formula, ISKUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).