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Forex Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

Israeli Shekel/Danish Krone (FOREX:ILSDKK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low ILSDKK Price Change
1.7699 1.7701 1.7645 1.7691 -0.0008
Entry Signal

MarketClub’s Trade Triangles for ILSDKK

long term up The long term trend has been UP since May 16th, 2018 at 1.7620

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 1.7888

short term down The short term trend has been DOWN since Oct 11th, 2018 at 1.7804

Smart Scan Analysis for ILSDKK

Based on a pre-defined weighted trend formula for chart analysis, ILSDKK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ILSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7699 1.7701 1.7645 1.7691 -0.0008
Prev. Close Volume Bid Ask Time
1.7699 1.7641 1.7741 2018-10-16 14:33:30
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