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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Euro/Icelandic Krona (FOREX:EURISK)

Sidelines Mode (+50) - EURISK is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURISK can gain momentum.

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
145.9 145.9 145.9 145.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term down The long-term trend has been DOWN since Oct 20th, 2024 at 149.1

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 145.7

short term up 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 +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.9 145.9 145.9 145.9 0.0
Prev. Close Volume Bid Ask Time
145.9 2024-12-09 07:25:16
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