Forex Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
Australian Dollar/Israeli Shekel (FOREX:AUDILS)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 Nov 3rd, 2017 at 2.68575
The intermediate term trend has been DOWN since Aug 15th, 2017 at 2.81060
The short term trend has been UP since Nov 21st, 2017 at 2.67235
Smart Scan Analysis for AUDILS
Based on a pre-defined weighted trend formula for chart analysis, AUDILS scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).