Forex Trend Analysis Report
Prepared for you on Monday, January 22, 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 negative trend to resume. Downtrend 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 DOWN since Oct 12th, 2017 at 4.9183
The intermediate term trend has been DOWN since Dec 22nd, 2017 at 4.9118
The short term trend has been UP since Jan 16th, 2018 at 4.8344
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).