Forex Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
Israeli Shekel/Euro (FOREX:ILSEUR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 ILSEUR
The long term trend has been UP since Nov 1st, 2017 at 0.24437
The intermediate term trend has been DOWN since Nov 14th, 2017 at 0.24074
The short term trend has been DOWN since Nov 9th, 2017 at 0.24503
Smart Scan Analysis for ILSEUR
Based on a pre-defined weighted trend formula for chart analysis, ILSEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).