Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Israeli Shekel/Japanese Yen (FOREX:ILSJPY)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 ILSJPY
The long term trend has been DOWN since Dec 6th, 2018 at 30.0815
The intermediate term trend has been UP since Jan 14th, 2019 at 29.5930
The short term trend has been UP since Feb 12th, 2019 at 30.3305
Smart Scan Analysis for ILSJPY
Based on a pre-defined weighted trend formula for chart analysis, ILSJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).