Forex Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
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.
MarketClub’s Trade Triangles for ISKCHF
The long-term trend has been DOWN since Jul 5th, 2022 at 0.0071355
The intermediate-term trend has been UP since Jan 30th, 2023 at 0.0065450
The short-term trend has been UP since Jan 27th, 2023 at 0.0064770
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).