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Forex Trend Analysis Report

Prepared for you on Saturday, August 19, 2017.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_ILSNOK
Open High Low ILSNOK Price Change
2.20525 2.20550 2.18335 2.18520 -0.02005
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term down The long term trend has been DOWN since Jul 14th, 2017 at 2.31275

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2017 at 2.37175

short term down The short term trend has been DOWN since Aug 15th, 2017 at 2.21005

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
2.20525 2.20550 2.18335 2.18520 -0.02005
Prev. Close Volume Bid Ask Time
2.20525 2.18350 2.18690 2017-08-18 18:59:28
Want to analyze Israeli Shekel/Norwegian Krone ILSNOK or another symbol? Try our Free Forex Trend Analysis Report.