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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

Icelandic Krona/US Dollar (FOREX:ISKUSD)

Long-Term Uptrend (+90) - ISKUSD is in a strong uptrend that is likely to continue. While ISKUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.00731312 0.00731312 0.00731312 0.00731312 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ISKUSD

long term up The long-term trend has been UP since Jul 15th, 2024 at 0.00728109

intermediate term up The intermediate-term trend has been UP since Jul 4th, 2024 at 0.00722741

short term up The short-term trend has been UP since Jul 2nd, 2024 at 0.00718473

Smart Scan Analysis for ISKUSD

Based on our trend formula, ISKUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ISKUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00731312 0.00731312 0.00731312 0.00731312 0.00000000
Prev. Close Volume Bid Ask Time
0.00726816 2024-07-18 07:26:17
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