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Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_ILSSEK
Open High Low ILSSEK Price Change
2.38420 2.39725 2.38240 2.39100 +0.00680
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term up The long term trend has been UP since Nov 1st, 2017 at 2.3817

intermediate term down The intermediate term trend has been DOWN since Nov 24th, 2017 at 2.3559

short term down The short term trend has been DOWN since Dec 5th, 2017 at 2.3893

Smart Scan Analysis for ILSSEK

Based on a pre-defined weighted trend formula for chart analysis, ILSSEK scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.38420 2.39725 2.38240 2.39100 +0.00680
Prev. Close Volume Bid Ask Time
2.38420 2.39050 2.39150 2017-12-15 09:00:42
Want to analyze Israeli Shekel/Swedish Krona ILSSEK or another symbol? Try our Free Forex Trend Analysis Report.