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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Weak Downtrend (-65) - ISKUSD is showing signs of a strengthening downtrend. Monitor ISKUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ISKUSD?

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

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

FOREX_ISKUSD
Open High Low ISKUSD Price Change
0.00717637 0.00717834 0.00717637 0.00717834 +0.00000200
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term up The long-term trend has been UP since Jan 21st, 2024 at 0.00735350

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.00726518

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 0.00733783

Smart Scan Analysis for ISKUSD

Based on our trend formula, ISKUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00717637 0.00717834 0.00717637 0.00717834 +0.00000200
Prev. Close Volume Bid Ask Time
0.00717637 2024-03-29 03:30:07
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