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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)

Long-Term Uptrend (+90) - ILSAED is in a strong uptrend that is likely to continue. While ILSAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ILSAED?

MarketClub looks at technical strength and momentum to determine if the timing is right for ILSAED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ILSAED
Open High Low ILSAED Price Change
1.1254253 1.1287982 1.1223699 1.1231583 -0.0022670
Entry Signal

MarketClub’s Trade Triangles for ILSAED

long term up The long-term trend has been UP since Jun 10th, 2020 at 1.0705024

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 1.0894147

short term up The short-term trend has been UP since Nov 5th, 2020 at 1.0819204

Smart Scan Analysis for ILSAED

Based on our trend formula, ILSAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ILSAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1254253 1.1287982 1.1223699 1.1231583 -0.0022670
Prev. Close Volume Bid Ask Time
1.1254253 2020-12-04 09:12:26
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