Forex Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Icelandic Krona/British Pound (FOREX:ISKGBP)
Bull Market Weakness (+75) - ISKGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ISKGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ISKGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ISKGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ISKGBP
The long-term trend has been UP since Dec 2nd, 2020 at 0.00577986
The intermediate-term trend has been UP since Mar 22nd, 2021 at 0.00569883
The short-term trend has been UP since Jun 18th, 2021 at 0.00586930
Smart Scan Analysis for ISKGBP
Based on our trend formula, ISKGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).