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Forex Trend Analysis Report

Prepared for you on Saturday, October 21, 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
1.80540 1.81335 1.80355 1.81025 +0.00485
Entry Signal

MarketClub’s Trade Triangles for ILSDKK

long term down The long term trend has been DOWN since Jul 7th, 2017 at 1.84360

intermediate term up The intermediate term trend has been UP since Sep 11th, 2017 at 1.76335

short term up The short term trend has been UP since Oct 20th, 2017 at 1.80660

Smart Scan Analysis for ILSDKK

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

+70
Smart Scan Analysis for ILSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.80540 1.81335 1.80355 1.81025 +0.00485
Prev. Close Volume Bid Ask Time
1.80540 1.80490 1.81560 2017-10-20 14:26:55
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