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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

Icelandic Krona/Norwegian Krone (FOREX:ISKNOK)

Crossroads (-60) - ISKNOK 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 ISKNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ISKNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ISKNOK
Open High Low ISKNOK Price Change
0.07303597 0.07303597 0.07303597 0.07303597 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKNOK

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 0.07320000

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2020 at 0.07217154

short term up The short-term trend has been UP since Jan 21st, 2020 at 0.07217154

Smart Scan Analysis for ISKNOK

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

-60
Smart Scan Analysis for ISKNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07303597 0.07303597 0.07303597 0.07303597 0.00000000
Prev. Close Volume Bid Ask Time
0.07303597 0.07282260 0.07324934 2020-02-17 07:42:08
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