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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

US Dollar/Icelandic Krona (FOREX:USDISK)

Bull Market Weakness (+75) - USDISK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDISK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDISK?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDISK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDISK
Open High Low USDISK Price Change
141.29 141.45 140.66 141.22 -0.07
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long-term trend has been UP since Apr 1st, 2024 at 139.59

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 137.95

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 141.30

Smart Scan Analysis for USDISK

Based on our trend formula, USDISK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.29 141.45 140.66 141.22 -0.07
Prev. Close Volume Bid Ask Time
141.29 2024-04-19 17:02:48
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