Forex Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
Jordanian Dinar/Israeli Shekel (FOREX:JODILS)
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 JODILS
The long term trend has been DOWN since Feb 1st, 2019 at 5.11770
The intermediate term trend has been UP since Aug 16th, 2019 at 5.00645
The short term trend has been DOWN since Sep 13th, 2019 at 4.97280
Smart Scan Analysis for JODILS
Based on a pre-defined weighted trend formula for chart analysis, JODILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).