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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 ILSJPY Price Change
30.2430 30.2985 30.1810 30.2000 -0.0430
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term down The long term trend has been DOWN since Dec 6th, 2018 at 30.0815

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 30.1760

short term up The short term trend has been UP since Dec 12th, 2018 at 30.2640

Smart Scan Analysis for ILSJPY

Based on a pre-defined weighted trend formula for chart analysis, ILSJPY scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.2430 30.2985 30.1810 30.2000 -0.0430
Prev. Close Volume Bid Ask Time
30.2430 30.1880 30.2120 2018-12-12 18:58:54
Want to analyze Israeli Shekel/Japanese Yen ILSJPY or another symbol? Try our Free Forex Trend Analysis Report.