Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, January 29, 2023.

British Pound/Icelandic Krona (FOREX:GBPISK)

Long-Term Uptrend (+90) - GBPISK is in a strong uptrend that is likely to continue. While GBPISK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPISK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPISK
Open High Low GBPISK Price Change
177.84857 177.88593 175.79996 176.89495 -0.95362
Entry Signal

MarketClub’s Trade Triangles for GBPISK

long term up The long-term trend has been UP since Nov 2nd, 2022 at 167.17263

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2023 at 174.62175

short term up The short-term trend has been UP since Jan 24th, 2023 at 176.68247

Smart Scan Analysis for GBPISK

Based on our trend formula, GBPISK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for GBPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.84857 177.88593 175.79996 176.89495 -0.95362
Prev. Close Volume Bid Ask Time
177.84857 2023-01-27 17:03:39
Get a free daily analysis and signals for British Pound/Icelandic Krona (GBPISK) - Request Your Free Report.