Forex Trend Analysis Report
Prepared for you on Saturday, November 17, 2018.
US Dollar/Israeli Shekel (FOREX:USDILS)
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 USDILS
The long term trend has been UP since Jun 28th, 2018 at 3.653330
The intermediate term trend has been UP since Sep 28th, 2018 at 3.636025
The short term trend has been UP since Nov 12th, 2018 at 3.686670
Smart Scan Analysis for USDILS
Based on a pre-defined weighted trend formula for chart analysis, USDILS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).