Forex Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 Aug 4th, 2017 at 5.10830
The intermediate term trend has been DOWN since Aug 29th, 2017 at 5.04425
The short term trend has been DOWN since Sep 19th, 2017 at 4.96155
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).