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Forex Trend Analysis Report

Prepared for you on Monday, May 21, 2018.

Israeli Shekel/Icelandic Krona (FOREX:ILSISK)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_ILSISK
Open High Low ILSISK Price Change
28.99380 29.20180 28.98725 29.14895 +0.15515
Entry Signal

MarketClub’s Trade Triangles for ILSISK

long term down The long term trend has been DOWN since Feb 2nd, 2018 at 29.08530

intermediate term up The intermediate term trend has been UP since Apr 24th, 2018 at 28.50930

short term up The short term trend has been UP since May 16th, 2018 at 28.82915

Smart Scan Analysis for ILSISK

Based on a pre-defined weighted trend formula for chart analysis, ILSISK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ILSISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.99380 29.20180 28.98725 29.14895 +0.15515
Prev. Close Volume Bid Ask Time
28.99380 28.98430 29.31360 2018-05-18 14:41:03
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