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Forex Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

Euro/Icelandic Krona (FOREX:EURISK)

Crossroads (-60) - EURISK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EURISK?

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
146.8 146.8 146.8 146.8 0.0
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term up The long-term trend has been UP since Sep 3rd, 2021 at 150.2

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2021 at 149.6

short term down The short-term trend has been DOWN since Nov 18th, 2021 at 150.4

Smart Scan Analysis for EURISK

Based on our trend formula, EURISK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
146.8 146.8 146.8 146.8 0.0
Prev. Close Volume Bid Ask Time
147.2 2021-12-04 05:18:43
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