Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Swiss Franc/Israeli Shekel (FOREX:CHFILS)
Long-Term Uptrend (+90) - CHFILS is in a strong uptrend that is likely to continue. While CHFILS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CHFILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFILS
The long-term trend has been UP since Jun 16th, 2022 at 3.5828217
The intermediate-term trend has been UP since Feb 1st, 2023 at 3.8064310
The short-term trend has been UP since Mar 19th, 2023 at 3.9751049
Smart Scan Analysis for CHFILS
Based on our trend formula, CHFILS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).