Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Israeli Shekel/Swiss Franc (FOREX:ILSCHF)
Sidelines Mode (-55) - ILSCHF 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 ILSCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSCHF
The long-term trend has been DOWN since Jun 16th, 2022 at 0.27910968
The intermediate-term trend has been UP since Jul 10th, 2022 at 0.28301577
The short-term trend has been DOWN since Aug 15th, 2022 at 0.28778797
Smart Scan Analysis for ILSCHF
Based on our trend formula, ILSCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).