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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

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.

Open High Low ILSDKK Price Change
1.75385 1.75915 1.75045 1.75865 +0.00480
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 down The intermediate term trend has been DOWN since Jun 13th, 2018 at 1.7616

short term up The short term trend has been UP since Jul 12th, 2018 at 1.7517

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).

Smart Scan Analysis for ILSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.75385 1.75915 1.75045 1.75865 +0.00480
Prev. Close Volume Bid Ask Time
1.75385 1.75370 1.76360 2018-07-17 14:17:53
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