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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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.

FOREX_ILSSEK
Open High Low ILSSEK Price Change
2.44695 2.46005 2.44670 2.45585 +0.00890
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term up The long term trend has been UP since Apr 12th, 2018 at 2.40455

intermediate term down The intermediate term trend has been DOWN since Sep 17th, 2018 at 2.50050

short term down The short term trend has been DOWN since Oct 11th, 2018 at 2.48975

Smart Scan Analysis for ILSSEK

Based on a pre-defined weighted trend formula for chart analysis, ILSSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.44695 2.46005 2.44670 2.45585 +0.00890
Prev. Close Volume Bid Ask Time
2.44695 2.45560 2.45610 2018-10-18 07:24:01
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