Forex Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
Israeli Shekel/Polish New Zloty (FOREX:ILSPLN)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 ILSPLN
The long term trend has been DOWN since Dec 4th, 2018 at 1.00575
The intermediate term trend has been DOWN since Nov 19th, 2018 at 1.01600
The short term trend has been DOWN since Dec 13th, 2018 at 1.00485
Smart Scan Analysis for ILSPLN
Based on a pre-defined weighted trend formula for chart analysis, ILSPLN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).