Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Israeli Shekel/Swiss Franc (FOREX:ILSCHF)
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 ILSCHF
The long term trend has been UP since Feb 4th, 2019 at 0.274960
The intermediate term trend has been UP since Jan 4th, 2019 at 0.265855
The short term trend has been UP since Feb 12th, 2019 at 0.276735
Smart Scan Analysis for ILSCHF
Based on a pre-defined weighted trend formula for chart analysis, ILSCHF scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).