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Forex Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Israeli Shekel/Polish New Zloty (FOREX:ILSPLN)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_ILSPLN
Open High Low ILSPLN Price Change
1.1003725 1.1071135 1.0998869 1.1063368 +0.0059640
Entry Signal

MarketClub’s Trade Triangles for ILSPLN

long term down The long term trend has been DOWN since Nov 1st, 2019 at 1.0808672

intermediate term down The intermediate term trend has been DOWN since Dec 12th, 2019 at 1.1066027

short term up The short term trend has been UP since Jan 17th, 2020 at 1.1062719

Smart Scan Analysis for ILSPLN

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

-55
Smart Scan Analysis for ILSPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1003725 1.1071135 1.0998869 1.1063368 +0.0059640
Prev. Close Volume Bid Ask Time
1.1003725 1.1051825 1.1074911 2020-01-17 11:15:13
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