Forex Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 JODILS
The long term trend has been UP since Apr 24th, 2018 at 5.0051
The intermediate term trend has been DOWN since Aug 21st, 2018 at 5.1498
The short term trend has been DOWN since Sep 21st, 2018 at 5.0296
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).