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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

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.

Open High Low ILSSEK Price Change
2.70840 2.70925 2.68155 2.68250 -0.02590
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term up The long term trend has been UP since Feb 1st, 2019 at 2.49085

intermediate term up The intermediate term trend has been UP since Apr 7th, 2019 at 2.60080

short term down The short term trend has been DOWN since May 21st, 2019 at 2.69195

Smart Scan Analysis for ILSSEK

Based on a pre-defined weighted trend formula for chart analysis, ILSSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.70840 2.70925 2.68155 2.68250 -0.02590
Prev. Close Volume Bid Ask Time
2.70840 2.68200 2.68300 2019-05-21 10:50:28
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