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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Israeli Shekel/Icelandic Krona (FOREX:ILSISK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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_ILSISK
Open High Low ILSISK Price Change
34.5045 34.5110 34.4540 34.4970 -0.0075
Entry Signal

MarketClub’s Trade Triangles for ILSISK

long term up The long term trend has been UP since May 22nd, 2018 at 29.4503

intermediate term up The intermediate term trend has been UP since Jun 6th, 2019 at 34.5950

short term down 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 +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for ILSISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.5045 34.5110 34.4540 34.4970 -0.0075
Prev. Close Volume Bid Ask Time
34.5045 34.3180 34.6760 2019-06-24 14:15:25
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