Forex Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
Israeli Shekel/Australian Dollar (FOREX:ILSAUD)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 DOWN since Feb 12th, 2018 at 0.360985
The intermediate term trend has been DOWN since Dec 12th, 2017 at 0.372740
The short term trend has been DOWN since Feb 9th, 2018 at 0.363115
Smart Scan Analysis for ILSAUD
Based on a pre-defined weighted trend formula for chart analysis, ILSAUD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).