Forex Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
Swiss Franc/Israeli Shekel (FOREX:CHFILS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 Jan 30th, 2018 at 3.65315
The intermediate term trend has been UP since Jan 16th, 2018 at 3.56745
The short term trend has been UP since Feb 9th, 2018 at 3.74240
Smart Scan Analysis for CHFILS
Based on a pre-defined weighted trend formula for chart analysis, CHFILS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).