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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Australian Dollar/Israeli Shekel (FOREX:AUDILS)

Countertrend Up (+85) - AUDILS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
2.4301859 2.4547041 2.4266923 2.4543516 +0.0241660
Entry Signal

MarketClub’s Trade Triangles for AUDILS

long term up The long-term trend has been UP since May 31st, 2020 at 2.3543224

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 2.2830101

short term down The short-term trend has been DOWN since Jul 30th, 2020 at 2.4292707

Smart Scan Analysis for AUDILS

Based on our trend formula, AUDILS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for AUDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4301859 2.4547041 2.4266923 2.4543516 +0.0241660
Prev. Close Volume Bid Ask Time
2.4301859 2.4532745 2.4554287 2020-08-04 22:19:16
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