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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

Israeli Shekel/Danish Krone (FOREX:ILSDKK)

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_ILSDKK
Open High Low ILSDKK Price Change
1.84755 1.85220 1.84535 1.85070 +0.00315
Entry Signal

MarketClub’s Trade Triangles for ILSDKK

long term up The long term trend has been UP since Feb 4th, 2019 at 1.80535

intermediate term down The intermediate term trend has been DOWN since May 28th, 2019 at 1.84695

short term up The short term trend has been UP since Jun 19th, 2019 at 1.85060

Smart Scan Analysis for ILSDKK

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

+75
Smart Scan Analysis for ILSDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.84755 1.85220 1.84535 1.85070 +0.00315
Prev. Close Volume Bid Ask Time
1.84755 1.84540 1.85600 2019-06-19 13:13:43
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