Forex Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
Israeli Shekel/US Dollar (FOREX:ILSUSD)
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 ILSUSD
The long term trend has been UP since Oct 12th, 2017 at 0.286770
The intermediate term trend has been DOWN since Feb 6th, 2018 at 0.289255
The short term trend has been UP since Feb 19th, 2018 at 0.284400
Smart Scan Analysis for ILSUSD
Based on a pre-defined weighted trend formula for chart analysis, ILSUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).