Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Swiss Franc/Israeli Shekel (FOREX:CHFILS)
Bull Market Weakness (+75) - CHFILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFILS as it may be in the beginning stages 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 UP since Jun 16th, 2022 at 3.5828217
The intermediate-term trend has been DOWN since Nov 6th, 2023 at 4.3541652
The short-term trend has been UP since Nov 30th, 2023 at 4.2617020
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).