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Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

US Dollar/Israeli Shekel (FOREX:USDILS)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_USDILS
Open High Low USDILS Price Change
3.641500 3.646975 3.628485 3.628590 -0.012910
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term up The long term trend has been UP since Jun 28th, 2018 at 3.65333

intermediate term up The intermediate term trend has been UP since Jun 28th, 2018 at 3.65333

short term down The short term trend has been DOWN since Jul 16th, 2018 at 3.63479

Smart Scan Analysis for USDILS

Based on a pre-defined weighted trend formula for chart analysis, USDILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.641500 3.646975 3.628485 3.628590 -0.012910
Prev. Close Volume Bid Ask Time
3.641500 3.628070 3.629110 2018-07-16 12:36:55
Want to analyze US Dollar/Israeli Shekel USDILS or another symbol? Try our Free Forex Trend Analysis Report.