Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
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.
MarketClub’s Trade Triangles for USDISK
The long-term trend has been UP since Aug 17th, 2021 at 126.69
The intermediate-term trend has been UP since Aug 17th, 2021 at 126.56
The short-term trend has been UP since Oct 22nd, 2021 at 129.13
Smart Scan Analysis for USDISK
Based on our trend formula, USDISK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).