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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Israeli Shekel/South African Rand (FOREX:ILSZAR)

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_ILSZAR
Open High Low ILSZAR Price Change
4.01095 4.01555 3.99045 4.00495 -0.00600
Entry Signal

MarketClub’s Trade Triangles for ILSZAR

long term up The long term trend has been UP since Feb 20th, 2019 at 3.96565

intermediate term up The intermediate term trend has been UP since Apr 24th, 2019 at 3.99500

short term down The short term trend has been DOWN since May 21st, 2019 at 3.99550

Smart Scan Analysis for ILSZAR

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

+55
Smart Scan Analysis for ILSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.01095 4.01555 3.99045 4.00495 -0.00600
Prev. Close Volume Bid Ask Time
3.99410 3.99110 4.01880 2019-05-24 18:21:56
Want to analyze Israeli Shekel/South African Rand ILSZAR or another symbol? Try our Free Forex Trend Analysis Report.