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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ILSNOK
Open High Low ILSNOK Price Change
2.37285 2.37435 2.37020 2.37090 -0.00195
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term up The long term trend has been UP since Aug 20th, 2018 at 2.32000

intermediate term up The intermediate term trend has been UP since Feb 4th, 2019 at 2.33985

short term up The short term trend has been UP since Feb 15th, 2019 at 2.38875

Smart Scan Analysis for ILSNOK

Based on a pre-defined weighted trend formula for chart analysis, ILSNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.37285 2.37435 2.37020 2.37090 -0.00195
Prev. Close Volume Bid Ask Time
2.37285 2.37070 2.37110 2019-02-20 05:07:08
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