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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Swedish Krona/Israeli Shekel (FOREX:SEKILS)

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_SEKILS
Open High Low SEKILS Price Change
0.412935 0.413000 0.411530 0.412285 -0.000650
Entry Signal

MarketClub’s Trade Triangles for SEKILS

long term down The long term trend has been DOWN since Apr 12th, 2018 at 0.416000

intermediate term down The intermediate term trend has been DOWN since Apr 12th, 2018 at 0.418275

short term down The short term trend has been DOWN since May 21st, 2018 at 0.410070

Smart Scan Analysis for SEKILS

Based on a pre-defined weighted trend formula for chart analysis, SEKILS scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for SEKILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.412935 0.413000 0.411530 0.412285 -0.000650
Prev. Close Volume Bid Ask Time
0.412935 0.412110 0.412460 2018-05-22 03:24:57
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