Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Israeli Shekel/Danish Krone (FOREX:ILSDKK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 ILSDKK
The long term trend has been UP since Feb 4th, 2019 at 1.80535
The intermediate term trend has been UP since Jan 2nd, 2019 at 1.75925
The short term trend has been DOWN since Feb 21st, 2019 at 1.81565
Smart Scan Analysis for ILSDKK
Based on a pre-defined weighted trend formula for chart analysis, ILSDKK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).