Forex Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
Israeli Shekel/Jordanian Dinar (FOREX:ILSJOD)
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 ILSJOD
The long term trend has been UP since Oct 12th, 2017 at 0.203320
The intermediate term trend has been UP since Dec 22nd, 2017 at 0.203635
The short term trend has been DOWN since Jan 16th, 2018 at 0.206850
Smart Scan Analysis for ILSJOD
Based on a pre-defined weighted trend formula for chart analysis, ILSJOD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).