Forex Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 JODILS
The long term trend has been UP since Apr 24th, 2018 at 5.0051
The intermediate term trend has been UP since Sep 28th, 2018 at 5.1135
The short term trend has been UP since Nov 12th, 2018 at 5.1946
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).