Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Swiss Franc/Israeli Shekel (FOREX:CHFILS)
Bear Market Rally (-75) - CHFILS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHFILS as it may be in the beginning of a reversal.
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 DOWN since Nov 9th, 2020 at 3.6796518
The intermediate-term trend has been UP since Oct 13th, 2021 at 3.4924480
The short-term trend has been DOWN since Oct 25th, 2021 at 3.4880078
Smart Scan Analysis for CHFILS
Based on our trend formula, CHFILS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).