Forex Trend Analysis Report
Prepared for you on Saturday, August 17, 2019.
Israeli Shekel/Icelandic Krona (FOREX:ILSISK)
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 ILSISK
The long term trend has been UP since May 22nd, 2018 at 29.4503
The intermediate term trend has been UP since Aug 13th, 2019 at 35.4210
The short term trend has been DOWN since Aug 13th, 2019 at 35.1310
Smart Scan Analysis for ILSISK
Based on a pre-defined weighted trend formula for chart analysis, ILSISK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).