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.
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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 UP since Dec 9th, 2024 at 145.7
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).
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 |