Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Israeli Shekel/Australian Dollar (FOREX:ILSAUD)
Sidelines Mode (+55) - ILSAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ILSAUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSAUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSAUD
The long-term trend has been DOWN since Mar 2nd, 2022 at 0.42356229
The intermediate-term trend has been UP since Jun 22nd, 2022 at 0.42152426
The short-term trend has been DOWN since Jun 28th, 2022 at 0.41910952
Smart Scan Analysis for ILSAUD
Based on our trend formula, ILSAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).