Forex Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
Israeli Shekel/Swedish Krona (FOREX:ILSSEK)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for ILSSEK
The long term trend has been UP since Apr 12th, 2018 at 2.40455
The intermediate term trend has been DOWN since Jun 12th, 2018 at 2.41900
The short term trend has been UP since Jun 15th, 2018 at 2.42865
Smart Scan Analysis for ILSSEK
Based on a pre-defined weighted trend formula for chart analysis, ILSSEK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).