Analyze Symbol
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.
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MarketClub’s Trade Triangles for ILSJPY
The long term trend has been UP since Nov 5th, 2019 at 31.244500
The intermediate term trend has been DOWN since Jan 3rd, 2020 at 31.177752
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).
| 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 |