Forex Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
Israeli Shekel/Danish Krone (FOREX:ILSDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 ILSDKK
The long term trend has been DOWN since Jul 7th, 2017 at 1.84360
The intermediate term trend has been UP since Sep 11th, 2017 at 1.76335
The short term trend has been UP since Oct 20th, 2017 at 1.80660
Smart Scan Analysis for ILSDKK
Based on a pre-defined weighted trend formula for chart analysis, ILSDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).