Index Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
Morningstar Israel Index PR ILS (CME:MSILILSP)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 MSILILSP
The long term trend has been UP since Oct 15th, 2019 at 1772.94
The intermediate term trend has been UP since Sep 18th, 2019 at 1753.24
The short term trend has been UP since Jan 9th, 2020 at 1888.89
Smart Scan Analysis for MSILILSP
Based on a pre-defined weighted trend formula for chart analysis, MSILILSP scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).