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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Euro/Icelandic Krona (FOREX:EURISK)
Countertrend Down (-85) - EURISK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for EURISK
The long-term trend has been DOWN since Oct 20th, 2024 at 149.1
The intermediate-term trend has been DOWN since Sep 17th, 2024 at 152.9
The short-term trend has been UP since Dec 1st, 2024 at 145.5
Smart Scan Analysis for EURISK
Based on our trend formula, EURISK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 145.7 | 145.7 | 145.7 | 145.7 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 145.7 | 2024-12-02 07:25:13 |