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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_ILSAED
Open High Low ILSAED Price Change
1.02105 1.02680 1.02105 1.02665 +0.00560
Entry Signal

MarketClub’s Trade Triangles for ILSAED

long term up The long term trend has been UP since Feb 1st, 2019 at 1.01230

intermediate term down The intermediate term trend has been DOWN since Apr 25th, 2019 at 1.01115

short term up The short term trend has been UP since Jun 20th, 2019 at 1.02080

Smart Scan Analysis for ILSAED

Based on a pre-defined weighted trend formula for chart analysis, ILSAED scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for ILSAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.02105 1.02680 1.02105 1.02665 +0.00560
Prev. Close Volume Bid Ask Time
1.02105 1.02620 1.02710 2019-06-20 10:05:17
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