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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Israeli Shekel/US Dollar (FOREX:ILSUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_ILSUSD
Open High Low ILSUSD Price Change
0.265660 0.265755 0.264825 0.265025 -0.000635
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 up The short term trend has been UP since Dec 10th, 2018 at 0.268215

Smart Scan Analysis for ILSUSD

Based on a pre-defined weighted trend formula for chart analysis, ILSUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for ILSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.265660 0.265755 0.264825 0.265025 -0.000635
Prev. Close Volume Bid Ask Time
0.265660 0.264920 0.265130 2018-12-14 12:20:53
Want to analyze Israeli Shekel/US Dollar ILSUSD or another symbol? Try our Free Forex Trend Analysis Report.