Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Israeli Shekel/Jordanian Dinar (FOREX:ILSJOD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 ILSJOD
The long term trend has been DOWN since Apr 24th, 2018 at 0.199795
The intermediate term trend has been UP since Aug 21st, 2018 at 0.194185
The short term trend has been UP since Sep 21st, 2018 at 0.198825
Smart Scan Analysis for ILSJOD
Based on a pre-defined weighted trend formula for chart analysis, ILSJOD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).