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Forex Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

Icelandic Krona/Swiss Franc (FOREX:ISKCHF)

Crossroads (+60) - ISKCHF 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 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.

FOREX_ISKCHF
Open High Low ISKCHF Price Change
0.0068560 0.0070145 0.0068550 0.0069715 +0.0001160
Entry Signal

MarketClub’s Trade Triangles for ISKCHF

long term down The long-term trend has been DOWN since Jan 9th, 2020 at 0.0078760

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.0066945

short term up The short-term trend has been UP since May 8th, 2020 at 0.0066440

Smart Scan Analysis for ISKCHF

Based on our trend formula, ISKCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ISKCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0068560 0.0070145 0.0068550 0.0069715 +0.0001160
Prev. Close Volume Bid Ask Time
0.0068560 0.0069550 0.0069880 2020-05-26 14:32:23
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