Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Swiss Franc/Israeli Shekel (FOREX:CHFILS)
Strong Downtrend (-100) - CHFILS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 9th, 2020 at 3.6862976
The short-term trend has been DOWN since Nov 19th, 2020 at 3.6814265
Smart Scan Analysis for CHFILS
Based on our trend formula, CHFILS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).