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Future Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

ISRAELI SHEKEL/US DOLLAR JUNE 2024 (ICE:@ILS.M24)

Long-Term Downtrend (-90) - @ILS.M24 is in a strong downtrend that is likely to continue. While @ILS.M24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @ILS.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @ILS.M24.

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

ICE_@ILS.M24
Open High Low @ILS.M24 Price Change
0.269630 0.269630 0.269630 0.267875 -0.001755
Entry Signal

MarketClub’s Trade Triangles for @ILS.M24

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.266250

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.276075

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 0.276110

Smart Scan Analysis for @ILS.M24

Based on our trend formula, @ILS.M24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @ILS.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.269630 0.269630 0.269630 0.267875 -0.001755
Prev. Close Volume Bid Ask Time
0.269630 0 0.268325 0.270425 2024-05-02 07:24:53
Volatility10.92
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