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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Israeli Shekel/US Dollar (FOREX:ILSUSD)

Crossroads (+60) - ILSUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ILSUSD
Open High Low ILSUSD Price Change
0.26870893 0.26878160 0.26845317 0.26847876 -0.00023000
Entry Signal

MarketClub’s Trade Triangles for ILSUSD

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 0.26346140

intermediate term up The intermediate-term trend has been UP since May 5th, 2024 at 0.26997677

short term up The short-term trend has been UP since Apr 29th, 2024 at 0.26464311

Smart Scan Analysis for ILSUSD

Based on our trend formula, ILSUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ILSUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26870893 0.26878160 0.26845317 0.26847876 -0.00023000
Prev. Close Volume Bid Ask Time
0.26870893 2024-05-09 02:58:34
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