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.
MarketClub’s Trade Triangles for ILSDKK
The long term trend has been UP since Feb 4th, 2019 at 1.80535
The intermediate term trend has been DOWN since May 28th, 2019 at 1.84695
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).