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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

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
149.9 149.9 149.9 149.9 0.0
Entry Signal

MarketClub’s Trade Triangles for EURISK

long term up The long-term trend has been UP since Nov 12th, 2023 at 147.40

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2024 at 149.90

short term down The short-term trend has been DOWN since May 23rd, 2024 at 150.17

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
149.9 149.9 149.9 149.9 0.0
Prev. Close Volume Bid Ask Time
149.9 2024-05-27 07:25:49
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