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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)

Long-Term Downtrend (-90) - ILSAED is in a strong downtrend that is likely to continue. While ILSAED 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 ILSAED?

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

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

FOREX_ILSAED
Open High Low ILSAED Price Change
0.9635447 0.9737162 0.9630714 0.9682304 +0.0046860
Entry Signal

MarketClub’s Trade Triangles for ILSAED

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 0.9676915

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.9969702

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.9730125

Smart Scan Analysis for ILSAED

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

-90
Smart Scan Analysis for ILSAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9635447 0.9737162 0.9630714 0.9682304 +0.0046860
Prev. Close Volume Bid Ask Time
0.9635447 2024-04-18 15:27:35
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