Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)
Bull Market Weakness (+75) - ILSAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILSAED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ILSAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ILSAED
The long-term trend has been DOWN since Apr 18th, 2024 at 0.9676915
The intermediate-term trend has been UP since May 7th, 2024 at 0.9938224
The short-term trend has been UP since Apr 29th, 2024 at 0.9719188
Smart Scan Analysis for ILSAED
Based on our trend formula, ILSAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9939923 | 0.9947820 | 0.9868122 | 0.9894865 | -0.0045060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9939923 | 2024-05-08 11:07:19 |