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Forex Trend Analysis Report

Prepared for you on Wednesday, February 5, 2025.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Sidelines Mode (+55) - ISKGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.00566857 0.00566900 0.00566821 0.00566854 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKGBP

long term up The long-term trend has been UP since Nov 15th, 2024 at 0.00572718

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00569481

short term up The short-term trend has been UP since Jan 24th, 2025 at 0.00580054

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00566857 0.00566900 0.00566821 0.00566854 0.00000000
Prev. Close Volume Bid Ask Time
0.00566857 2025-02-05 00:08:31
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