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.
MarketClub’s Trade Triangles for ILSAED
The long-term trend has been UP since Jun 10th, 2020 at 1.0705024
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.0894147
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).