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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Israeli Shekel/Euro (FOREX:ILSEUR)

Sidelines Mode (-55) - ILSEUR 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 ILSEUR?

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

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

FOREX_ILSEUR
Open High Low ILSEUR Price Change
0.25007573 0.25025355 0.24878745 0.24885219 -0.00122400
Entry Signal

MarketClub’s Trade Triangles for ILSEUR

long term up The long-term trend has been UP since Dec 5th, 2023 at 0.24897313

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.25053252

short term up The short-term trend has been UP since May 7th, 2024 at 0.25096707

Smart Scan Analysis for ILSEUR

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

-55
Smart Scan Analysis for ILSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25007573 0.25025355 0.24878745 0.24885219 -0.00122400
Prev. Close Volume Bid Ask Time
0.25007573 2024-05-09 11:07:59
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