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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.

FOREX_ILSJPY
Open High Low ILSJPY Price Change
30.774 30.774 30.774 30.774 0.000
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term up The long term trend has been UP since Sep 11th, 2018 at 31.1200

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 31.0905

short term down The short term trend has been DOWN since Oct 8th, 2018 at 31.2795

Smart Scan Analysis for ILSJPY

Based on a pre-defined weighted trend formula for chart analysis, ILSJPY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.774 30.774 30.774 30.774 0.000
Prev. Close Volume Bid Ask Time
30.774 30.761 30.787 2018-10-20 09:26:59
Want to analyze Israeli Shekel/Japanese Yen ILSJPY or another symbol? Try our Free Forex Trend Analysis Report.