Forex Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 ILSAED
The long term trend has been DOWN since Apr 24th, 2018 at 1.035100
The intermediate term trend has been DOWN since Jun 15th, 2018 at 1.018850
The short term trend has been UP since Aug 14th, 2018 at 0.995425
Smart Scan Analysis for ILSAED
Based on a pre-defined weighted trend formula for chart analysis, ILSAED scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).