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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

US Dollar/Israeli Shekel (FOREX:USDILS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

Open High Low USDILS Price Change
3.57627 3.57705 3.56590 3.57434 -0.00193
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term up The long term trend has been UP since Jun 28th, 2018 at 3.653330

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2018 at 3.651800

short term down The short term trend has been DOWN since Sep 21st, 2018 at 3.569285

Smart Scan Analysis for USDILS

Based on a pre-defined weighted trend formula for chart analysis, USDILS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.57627 3.57705 3.56590 3.57434 -0.00193
Prev. Close Volume Bid Ask Time
3.57627 3.57284 3.57584 2018-09-24 10:29:13
Want to analyze US Dollar/Israeli Shekel USDILS or another symbol? Try our Free Forex Trend Analysis Report.