Forex Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UP since Mar 21st, 2018 at 4.9251
The short term trend has been UP since May 15th, 2018 at 5.0655
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).