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Forex Trend Analysis Report

Prepared for you on Tuesday, December 10, 2024.

Icelandic Krona/British Pound (FOREX:ISKGBP)

Crossroads (-60) - ISKGBP 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 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
0.00567634 0.00567753 0.00564671 0.00564989 -0.00002600
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 Dec 9th, 2024 at 0.00567542

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 0.00573014

Smart Scan Analysis for ISKGBP

Based on our trend formula, ISKGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ISKGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00567634 0.00567753 0.00564671 0.00564989 -0.00002600
Prev. Close Volume Bid Ask Time
0.00567634 2024-12-10 18:22:44
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