Forex Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
Israeli Shekel/Australian Dollar (FOREX:ILSAUD)
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 ILSAUD
The long term trend has been UP since Aug 14th, 2018 at 0.375435
The intermediate term trend has been UP since Aug 13th, 2018 at 0.372505
The short term trend has been UP since Aug 9th, 2018 at 0.367530
Smart Scan Analysis for ILSAUD
Based on a pre-defined weighted trend formula for chart analysis, ILSAUD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).