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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Australian Dollar/Israeli Shekel (FOREX:AUDILS)

Sidelines Mode (+55) - AUDILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AUDILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDILS
Open High Low AUDILS Price Change
2.4440146 2.4675591 2.4419540 2.4652226 +0.0212080
Entry Signal

MarketClub’s Trade Triangles for AUDILS

long term down The long-term trend has been DOWN since Jan 29th, 2024 at 2.4112764

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 2.4232398

short term down The short-term trend has been DOWN since May 7th, 2024 at 2.4419747

Smart Scan Analysis for AUDILS

Based on our trend formula, AUDILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for AUDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4440146 2.4675591 2.4419540 2.4652226 +0.0212080
Prev. Close Volume Bid Ask Time
2.4440146 2024-05-09 14:25:16
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