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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

US Dollar/Israeli Shekel (FOREX:USDILS)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
3.45469 3.45469 3.45469 3.45469 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term down The long term trend has been DOWN since Jul 10th, 2019 at 3.55542

intermediate term down The intermediate term trend has been DOWN since Dec 27th, 2019 at 3.46171

short term down The short term trend has been DOWN since Jan 16th, 2020 at 3.45882

Smart Scan Analysis for USDILS

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

-100
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.45469 3.45469 3.45469 3.45469 0.00000
Prev. Close Volume Bid Ask Time
3.45469 3.45319 3.45619 2020-01-18 03:16:37
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