Forex Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
Israeli Shekel/Danish Krone (FOREX:ILSDKK)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 Jan 16th, 2018 at 1.77610
The intermediate term trend has been UP since Feb 27th, 2018 at 1.74050
The short term trend has been DOWN since Mar 16th, 2018 at 1.74945
Smart Scan Analysis for ILSDKK
Based on a pre-defined weighted trend formula for chart analysis, ILSDKK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).