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Forex Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

Israeli Shekel/Icelandic Krona (FOREX:ILSISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
35.0355 35.1170 34.9365 34.9505 -0.0850
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 Aug 13th, 2019 at 35.4210

short term down The short term trend has been DOWN since Aug 13th, 2019 at 35.1310

Smart Scan Analysis for ILSISK

Based on a pre-defined weighted trend formula for chart analysis, ILSISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for ILSISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.0355 35.1170 34.9365 34.9505 -0.0850
Prev. Close Volume Bid Ask Time
35.0355 34.7670 35.1340 2019-08-16 14:17:57
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