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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Israeli Shekel/US Dollar (FOREX:ILSUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ILSUSD
Open High Low ILSUSD Price Change
0.27291 0.27295 0.27208 0.27227 -0.00064
Entry Signal

MarketClub’s Trade Triangles for ILSUSD

long term down The long term trend has been DOWN since Apr 24th, 2018 at 0.281800

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 0.275630

short term down The short term trend has been DOWN since Oct 16th, 2018 at 0.275075

Smart Scan Analysis for ILSUSD

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

-100
Smart Scan Analysis for ILSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27291 0.27295 0.27208 0.27227 -0.00064
Prev. Close Volume Bid Ask Time
0.27291 0.27216 0.27238 2018-10-23 12:44:43
Want to analyze Israeli Shekel/US Dollar ILSUSD or another symbol? Try our Free Forex Trend Analysis Report.