Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Icelandic Krona/Swiss Franc (FOREX:ISKCHF)
Weak Downtrend (-65) - ISKCHF is showing signs of a strengthening downtrend. Monitor ISKCHF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ISKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ISKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ISKCHF
The long-term trend has been UP since Nov 27th, 2020 at 0.0067735
The intermediate-term trend has been DOWN since Apr 12th, 2021 at 0.0072885
The short-term trend has been DOWN since Apr 19th, 2021 at 0.0072460
Smart Scan Analysis for ISKCHF
Based on our trend formula, ISKCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).