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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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.

FOREX_CHFILS
Open High Low CHFILS Price Change
4.2363894 4.2391362 4.2290205 4.2374504 +0.0010610
Entry Signal

MarketClub’s Trade Triangles for CHFILS

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 4.2129695

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 4.3283150

short term up The short-term trend has been UP since Nov 19th, 2024 at 4.2354450

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).

-75
Smart Scan Analysis for CHFILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2363894 4.2391362 4.2290205 4.2374504 +0.0010610
Prev. Close Volume Bid Ask Time
4.2363894 2024-11-20 03:41:43
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