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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Israeli Shekel/Swiss Franc (FOREX:ILSCHF)

Countertrend Up (+85) - ILSCHF is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_ILSCHF
Open High Low ILSCHF Price Change
0.24817466 0.24817466 0.24572174 0.24666777 -0.00150700
Entry Signal

MarketClub’s Trade Triangles for ILSCHF

long term up The long-term trend has been UP since Feb 6th, 2024 at 0.23927803

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 0.24638680

short term down The short-term trend has been DOWN since May 27th, 2024 at 0.24842961

Smart Scan Analysis for ILSCHF

Based on our trend formula, ILSCHF is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ILSCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24817466 0.24817466 0.24572174 0.24666777 -0.00150700
Prev. Close Volume Bid Ask Time
0.24817466 2024-05-29 20:29:52
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