Forex Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)
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 ILSCAD
The long term trend has been UP since Nov 1st, 2017 at 0.366725
The intermediate term trend has been UP since Jan 12th, 2018 at 0.368470
The short term trend has been UP since Jan 19th, 2018 at 0.365585
Smart Scan Analysis for ILSCAD
Based on a pre-defined weighted trend formula for chart analysis, ILSCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).