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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.

FOREX_USDISK
Open High Low USDISK Price Change
128.97852 128.97852 128.97852 128.97852 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long-term trend has been UP since Aug 17th, 2021 at 126.69

intermediate term up The intermediate-term trend has been UP since Aug 17th, 2021 at 126.56

short term up 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).

+70
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.97852 128.97852 128.97852 128.97852 0.00000
Prev. Close Volume Bid Ask Time
128.97852 2021-10-23 17:27:53
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