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.
MarketClub’s Trade Triangles for ILSSEK
The long term trend has been DOWN since Feb 1st, 2018 at 2.29695
The intermediate term trend has been UP since Feb 21st, 2018 at 2.32865
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).