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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Israeli Shekel/Swiss Franc (FOREX:ILSCHF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low ILSCHF Price Change
0.278135 0.279085 0.277995 0.279085 +0.000950
Entry Signal

MarketClub’s Trade Triangles for ILSCHF

long term up The long term trend has been UP since May 7th, 2018 at 0.276495

intermediate term up The intermediate term trend has been UP since Apr 17th, 2018 at 0.274675

short term down The short term trend has been DOWN since May 14th, 2018 at 0.279235

Smart Scan Analysis for ILSCHF

Based on a pre-defined weighted trend formula for chart analysis, ILSCHF scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ILSCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.278135 0.279085 0.277995 0.279085 +0.000950
Prev. Close Volume Bid Ask Time
0.278135 0.278970 0.279200 2018-05-22 04:02:29
Want to analyze Israeli Shekel/Swiss Franc ILSCHF or another symbol? Try our Free Forex Trend Analysis Report.