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Forex Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

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

Strong Downtrend (-100) - ILSAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ILSAED continues to fall. Traders should use caution and set stops.

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.

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FOREX_ILSAED
Open High Low ILSAED Price Change
0.9705969 0.9706229 0.9590610 0.9602207 -0.0103760
Entry Signal

MarketClub’s Trade Triangles for ILSAED

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 0.9699778

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 0.9844141

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 0.9872910

Smart Scan Analysis for ILSAED

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

-100
Smart Scan Analysis for ILSAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9705969 0.9706229 0.9590610 0.9602207 -0.0103760
Prev. Close Volume Bid Ask Time
0.9705969 2024-10-04 18:15:51
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