Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
US Dollar/Icelandic Krona (FOREX:USDISK)
Strong Uptrend (+100) - USDISK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDISK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid
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 Feb 5th, 2020 at 125.25
The intermediate-term trend has been UP since Jan 8th, 2020 at 123.47
The short-term trend has been UP since Feb 3rd, 2020 at 123.80
Smart Scan Analysis for USDISK
Based on our trend formula, USDISK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).