Forex Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
Swiss Franc/Israeli Shekel (FOREX:CHFILS)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 CHFILS
The long term trend has been UP since Jul 17th, 2017 at 3.71070
The intermediate term trend has been UP since Jul 6th, 2017 at 3.67000
The short term trend has been UP since Jul 17th, 2017 at 3.69395
Smart Scan Analysis for CHFILS
Based on a pre-defined weighted trend formula for chart analysis, CHFILS scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).