Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Israeli Shekel/Swiss Franc (FOREX:ILSCHF)
Bear Market Rally (-75) - ILSCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ILSCHF as it may be in the beginning of a reversal.
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 Feb 28th, 2020 at 0.27843790
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 0.27898023
The short-term trend has been DOWN since Apr 2nd, 2020 at 0.26603472
Smart Scan Analysis for ILSCHF
Based on our trend formula, ILSCHF is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).