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Forex Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Swiss Franc/Israeli Shekel (FOREX:CHFILS)

Sidelines Mode (-55) - CHFILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CHFILS
Open High Low CHFILS Price Change
4.0534592 4.0853488 4.0534592 4.0820810 +0.0286220
Entry Signal

MarketClub’s Trade Triangles for CHFILS

long term down The long-term trend has been DOWN since Feb 6th, 2024 at 4.1792399

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 4.0586661

short term up The short-term trend has been UP since May 27th, 2024 at 4.0252877

Smart Scan Analysis for CHFILS

Based on our trend formula, CHFILS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CHFILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0534592 4.0853488 4.0534592 4.0820810 +0.0286220
Prev. Close Volume Bid Ask Time
4.0534592 2024-05-30 03:39:24
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