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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_ILSJPY
Open High Low ILSJPY Price Change
31.615403 31.615403 31.516963 31.540714 -0.074689
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term up The long term trend has been UP since Nov 5th, 2019 at 31.244500

intermediate term down The intermediate term trend has been DOWN since Jan 3rd, 2020 at 31.177752

short term down The short term trend has been DOWN since Jan 20th, 2020 at 31.840101

Smart Scan Analysis for ILSJPY

Based on a pre-defined weighted trend formula for chart analysis, ILSJPY scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.615403 31.615403 31.516963 31.540714 -0.074689
Prev. Close Volume Bid Ask Time
31.615403 31.527033 31.554395 2020-01-29 05:54:19
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