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Forex Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ILSJPY
Open High Low ILSJPY Price Change
30.2325 30.3935 30.2325 30.3835 +0.1510
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term down The long term trend has been DOWN since Feb 5th, 2018 at 31.5995

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2018 at 30.0915

short term down The short term trend has been DOWN since Jun 14th, 2018 at 30.6530

Smart Scan Analysis for ILSJPY

Based on a pre-defined weighted trend formula for chart analysis, ILSJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.2325 30.3935 30.2325 30.3835 +0.1510
Prev. Close Volume Bid Ask Time
30.2325 30.3710 30.3960 2018-06-20 15:03:19
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