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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Australian Dollar/Israeli Shekel (FOREX:AUDILS)

Bear Market Rally (-75) - AUDILS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AUDILS as it may be in the beginning of a reversal.

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

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

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

FOREX_AUDILS
Open High Low AUDILS Price Change
2.3011141 2.3054508 2.2840941 2.2971419 -0.0039720
Entry Signal

MarketClub’s Trade Triangles for AUDILS

long term down The long-term trend has been DOWN since Jul 13th, 2022 at 2.3380130

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 2.3723428

short term up The short-term trend has been UP since Jul 29th, 2022 at 2.3983985

Smart Scan Analysis for AUDILS

Based on our trend formula, AUDILS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AUDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3011141 2.3054508 2.2840941 2.2971419 -0.0039720
Prev. Close Volume Bid Ask Time
2.3011141 2022-08-16 06:46:51
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