Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
US Dollar/Israeli Shekel (FOREX:USDILS)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 3.65333
The intermediate term trend has been UP since Jun 28th, 2018 at 3.65333
The short term trend has been DOWN since Jul 16th, 2018 at 3.63479
Smart Scan Analysis for USDILS
Based on a pre-defined weighted trend formula for chart analysis, USDILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).