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Forex Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_ILSNOK
Open High Low ILSNOK Price Change
2.40860 2.41875 2.39065 2.40155 -0.00705
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term up The long term trend has been UP since Nov 29th, 2016 at 2.23385

intermediate term up The intermediate term trend has been UP since Jun 6th, 2017 at 2.39210

short term up The short term trend has been UP since Jun 27th, 2017 at 2.40785

Smart Scan Analysis for ILSNOK

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

+100
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.40860 2.41875 2.39065 2.40155 -0.00705
Prev. Close Volume Bid Ask Time
2.40860 2.40110 2.40200 2017-06-28 23:52:59
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