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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

US Dollar/Icelandic Krona (FOREX:USDISK)

Long-Term Uptrend (+90) - USDISK is in a strong uptrend that is likely to continue. While USDISK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
138.19 138.48 138.03 138.16 -0.03
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long-term trend has been UP since Mar 4th, 2022 at 131.58

intermediate term up The intermediate-term trend has been UP since Aug 15th, 2022 at 137.74

short term up The short-term trend has been UP since Aug 15th, 2022 at 137.16

Smart Scan Analysis for USDISK

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

+90
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
138.19 138.48 138.03 138.16 -0.03
Prev. Close Volume Bid Ask Time
138.19 2022-08-18 04:34:23
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