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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Bear Market Rally (-75) - ISKGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ISKGBP as it may be in the beginning 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.

FOREX_ISKGBP
Open High Low ISKGBP Price Change
0.00607633 0.00607633 0.00607633 0.00607633 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term down The long-term trend has been DOWN since Oct 17th, 2019 at 0.00630400

intermediate term down The intermediate-term trend has been DOWN since Dec 8th, 2019 at 0.00626963

short term up The short-term trend has been UP since Feb 20th, 2020 at 0.00605367

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00607633 0.00607633 0.00607633 0.00607633 0.00000000
Prev. Close Volume Bid Ask Time
0.00605330 0.00598833 0.00616433 2020-02-20 07:21:14
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