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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/Icelandic Krona (FOREX:EURISK)

Sidelines Mode (-55) - EURISK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURISK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURISK
Open High Low EURISK Price Change
137.60 137.60 137.50 137.50 -0.10
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term down The long-term trend has been DOWN since Sep 27th, 2019 at 134.67

intermediate term up The intermediate-term trend has been UP since Feb 4th, 2020 at 137.80

short term down The short-term trend has been DOWN since Feb 16th, 2020 at 137.90

Smart Scan Analysis for EURISK

Based on our trend formula, EURISK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.60 137.60 137.50 137.50 -0.10
Prev. Close Volume Bid Ask Time
137.60 137.12 137.88 2020-02-17 07:42:08
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