Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
US Dollar/Israeli Shekel (FOREX:USDILS)
Bull Market Weakness (+75) - USDILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDILS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDILS
The long-term trend has been DOWN since Dec 14th, 2023 at 3.670300
The intermediate-term trend has been UP since Mar 28th, 2024 at 3.684065
The short-term trend has been UP since Apr 17th, 2024 at 3.773790
Smart Scan Analysis for USDILS
Based on our trend formula, USDILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.756915 | 3.794165 | 3.753925 | 3.788405 | +0.031490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.756915 | 2024-04-17 21:51:16 |