Forex Trend Analysis Report
Prepared for you on Monday, November 20, 2017.
Israeli Shekel/Icelandic Krona (FOREX:ILSISK)
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 ILSISK
The long term trend has been UP since Sep 20th, 2017 at 30.43280
The intermediate term trend has been DOWN since Nov 9th, 2017 at 29.67945
The short term trend has been UP since Nov 16th, 2017 at 29.35580
Smart Scan Analysis for ILSISK
Based on a pre-defined weighted trend formula for chart analysis, ILSISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).