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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

British Pound/Icelandic Krona (FOREX:GBPISK)

Strong Uptrend (+100) - GBPISK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPISK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
177.92761 177.97191 177.88014 177.93650 +0.00889
Entry Signal

MarketClub’s Trade Triangles for GBPISK

long term up The long-term trend has been UP since Apr 10th, 2024 at 176.23587

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 177.33601

short term up The short-term trend has been UP since Jul 10th, 2024 at 177.21762

Smart Scan Analysis for GBPISK

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

+100
Smart Scan Analysis for GBPISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
177.92761 177.97191 177.88014 177.93650 +0.00889
Prev. Close Volume Bid Ask Time
177.92761 2024-07-19 00:57:47
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