Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Icelandic Krona/Swedish Krona (FOREX:ISKSEK)
Strong Downtrend (-100) - ISKSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ISKSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ISKSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ISKSEK
The long-term trend has been DOWN since Jan 2nd, 2020 at 0.07736413
The intermediate-term trend has been DOWN since Jan 7th, 2020 at 0.07685279
The short-term trend has been DOWN since Nov 21st, 2019 at 0.07815618
Smart Scan Analysis for ISKSEK
Based on our trend formula, ISKSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).