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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Israeli Shekel/Danish Krone (FOREX:ILSDKK)

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_ILSDKK
Open High Low ILSDKK Price Change
1.75375 1.75915 1.74565 1.75890 +0.00515
Entry Signal

MarketClub’s Trade Triangles for ILSDKK

long term down The long term trend has been DOWN since Dec 11th, 2018 at 1.74825

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2018 at 1.76350

short term down The short term trend has been DOWN since Nov 29th, 2018 at 1.75775

Smart Scan Analysis for ILSDKK

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

-90
Smart Scan Analysis for ILSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.75375 1.75915 1.74565 1.75890 +0.00515
Prev. Close Volume Bid Ask Time
1.75375 1.75410 1.76370 2018-12-11 13:05:59
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