Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DOWN since Oct 12th, 2017 at 4.9183
The intermediate term trend has been UP since Nov 13th, 2017 at 5.0024
The short term trend has been DOWN since Nov 16th, 2017 at 4.9790
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).