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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Israeli Shekel/Swedish Krona (FOREX:ILSSEK)
Long-Term Uptrend (+90) - ILSSEK is in a strong uptrend that is likely to continue. While ILSSEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ILSSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSSEK.
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 ILSSEK
The long-term trend has been UP since Feb 2nd, 2024 at 2.8747404
The intermediate-term trend has been UP since Mar 28th, 2024 at 2.9108059
The short-term trend has been UP since May 7th, 2024 at 2.9279665
Smart Scan Analysis for ILSSEK
Based on our trend formula, ILSSEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9380400 | 2.9404888 | 2.9325865 | 2.9329862 | -0.0050540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9380400 | 2024-05-09 01:05:33 |