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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Icelandic Krona (FOREX:USDISK)

Weak Downtrend (-65) - USDISK is showing signs of a strengthening downtrend. Monitor USDISK as it may be building momentum to the downside.

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
137.68 138.13 137.65 138.06 +0.38
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term down The long-term trend has been DOWN since Jul 12th, 2024 at 136.95

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 137.69

short term up The short-term trend has been UP since Jul 18th, 2024 at 137.34

Smart Scan Analysis for USDISK

Based on our trend formula, USDISK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.68 138.13 137.65 138.06 +0.38
Prev. Close Volume Bid Ask Time
137.68 2024-07-26 17:00:07
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