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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Israeli Shekel/Australian Dollar (FOREX:ILSAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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_ILSAUD
Open High Low ILSAUD Price Change
0.371405 0.373995 0.371405 0.373665 +0.002260
Entry Signal

MarketClub’s Trade Triangles for ILSAUD

long term down The long term trend has been DOWN since Feb 12th, 2018 at 0.360985

intermediate term up The intermediate term trend has been UP since Jun 20th, 2018 at 0.373800

short term up The short term trend has been UP since Jun 14th, 2018 at 0.369160

Smart Scan Analysis for ILSAUD

Based on a pre-defined weighted trend formula for chart analysis, ILSAUD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for ILSAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.371405 0.373995 0.371405 0.373665 +0.002260
Prev. Close Volume Bid Ask Time
0.371405 0.373510 0.373820 2018-06-20 15:12:58
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