Forex Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Japanese Yen/Israeli Shekel (FOREX:JPYILS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 JPYILS
The long term trend has been UP since Dec 6th, 2018 at 0.033243
The intermediate term trend has been UP since Nov 20th, 2018 at 0.033139
The short term trend has been UP since Dec 14th, 2018 at 0.033198
Smart Scan Analysis for JPYILS
Based on a pre-defined weighted trend formula for chart analysis, JPYILS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).