Forex Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
Israeli Shekel/Swiss Franc (FOREX:ILSCHF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 ILSCHF
The long term trend has been UP since Nov 8th, 2018 at 0.274395
The intermediate term trend has been UP since Nov 8th, 2018 at 0.273545
The short term trend has been DOWN since Nov 13th, 2018 at 0.272780
Smart Scan Analysis for ILSCHF
Based on a pre-defined weighted trend formula for chart analysis, ILSCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).