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Forex Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ILSAED
Open High Low ILSAED Price Change
1.00190 1.00420 1.00120 1.00395 +0.00205
Entry Signal

MarketClub’s Trade Triangles for ILSAED

long term down The long term trend has been DOWN since Apr 24th, 2018 at 1.03510

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 1.01245

short term down The short term trend has been DOWN since Oct 16th, 2018 at 1.01040

Smart Scan Analysis for ILSAED

Based on a pre-defined weighted trend formula for chart analysis, ILSAED scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ILSAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.00190 1.00420 1.00120 1.00395 +0.00205
Prev. Close Volume Bid Ask Time
1.00190 1.00350 1.00440 2018-10-19 12:58:04
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