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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Israeli Shekel/Danish Krone (FOREX:ILSDKK)

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_ILSDKK
Open High Low ILSDKK Price Change
1.79455 1.79725 1.78650 1.79705 +0.00250
Entry Signal

MarketClub’s Trade Triangles for ILSDKK

long term up The long term trend has been UP since Nov 1st, 2017 at 1.81780

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2017 at 1.79425

short term up The short term trend has been UP since Dec 15th, 2017 at 1.79250

Smart Scan Analysis for ILSDKK

Based on a pre-defined weighted trend formula for chart analysis, ILSDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ILSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.79455 1.79725 1.78650 1.79705 +0.00250
Prev. Close Volume Bid Ask Time
1.79455 1.79180 1.80230 2017-12-15 12:44:28
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