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Forex Trend Analysis Report

Prepared for you on Friday, March 23, 2018.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 ILSSEK Price Change
2.36950 2.37265 2.35780 2.36210 -0.00740
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term down The long term trend has been DOWN since Feb 1st, 2018 at 2.29695

intermediate term up The intermediate term trend has been UP since Feb 21st, 2018 at 2.32865

short term up The short term trend has been UP since Mar 23rd, 2018 at 2.36995

Smart Scan Analysis for ILSSEK

Based on a pre-defined weighted trend formula for chart analysis, ILSSEK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.36950 2.37265 2.35780 2.36210 -0.00740
Prev. Close Volume Bid Ask Time
2.36950 2.36100 2.36320 2018-03-23 20:26:47
Want to analyze Israeli Shekel/Swedish Krona ILSSEK or another symbol? Try our Free Forex Trend Analysis Report.