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.
MarketClub’s Trade Triangles for ISKCHF
The long-term trend has been DOWN since Jan 9th, 2020 at 0.0078760
The intermediate-term trend has been UP since May 18th, 2020 at 0.0066945
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).