Forex Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
Israeli Shekel/Icelandic Krona (FOREX:ILSISK)
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 ILSISK
The long term trend has been UP since May 22nd, 2018 at 29.4503
The intermediate term trend has been UP since Jun 6th, 2019 at 34.5950
The short term trend has been DOWN since Jun 21st, 2019 at 34.8305
Smart Scan Analysis for ILSISK
Based on a pre-defined weighted trend formula for chart analysis, ILSISK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).