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.
MarketClub’s Trade Triangles for AUDILS
The long-term trend has been UP since May 31st, 2020 at 2.3543224
The intermediate-term trend has been UP since Apr 13th, 2020 at 2.2830101
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).