Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
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 UP since Jun 3rd, 2021 at 0.40146663
The intermediate-term trend has been DOWN since Oct 10th, 2021 at 0.42270493
The short-term trend has been UP since Oct 18th, 2021 at 0.41974506
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).