Forex Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
Australian Dollar/Israeli Shekel (FOREX:AUDILS)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for AUDILS
The long term trend has been UP since Dec 2nd, 2018 at 2.73480
The intermediate term trend has been DOWN since Dec 9th, 2018 at 2.67835
The short term trend has been DOWN since Dec 18th, 2018 at 2.69815
Smart Scan Analysis for AUDILS
Based on a pre-defined weighted trend formula for chart analysis, AUDILS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).