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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

US Dollar/Icelandic Krona (FOREX:USDISK)

Strong Uptrend (+100) - USDISK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDISK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_USDISK
Open High Low USDISK Price Change
141.46 141.73 141.30 141.73 +0.27
Entry Signal

MarketClub’s Trade Triangles for USDISK

long term up The long-term trend has been UP since Apr 1st, 2024 at 139.59

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 137.95

short term up The short-term trend has been UP since Apr 10th, 2024 at 138.95

Smart Scan Analysis for USDISK

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

+100
Smart Scan Analysis for USDISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
141.46 141.73 141.30 141.73 +0.27
Prev. Close Volume Bid Ask Time
141.46 2024-04-15 08:38:26
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