Forex Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
Australian Dollar/Israeli Shekel (FOREX:AUDILS)
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.
MarketClub’s Trade Triangles for AUDILS
The long term trend has been DOWN since Aug 14th, 2018 at 2.66355
The intermediate term trend has been UP since Sep 26th, 2018 at 2.61420
The short term trend has been UP since Oct 9th, 2018 at 2.58560
Smart Scan Analysis for AUDILS
Based on a pre-defined weighted trend formula for chart analysis, AUDILS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).