Forex Trend Analysis Report
Prepared for you on Tuesday, June 25, 2019.
Israeli Shekel/US Dollar (FOREX:ILSUSD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 ILSUSD
The long term trend has been DOWN since Jun 21st, 2019 at 0.274905
The intermediate term trend has been DOWN since Apr 25th, 2019 at 0.275305
The short term trend has been DOWN since Jun 21st, 2019 at 0.276465
Smart Scan Analysis for ILSUSD
Based on a pre-defined weighted trend formula for chart analysis, ILSUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).