Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Israeli Shekel/Euro (FOREX:ILSEUR)
Sidelines Mode (-55) - ILSEUR 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 ILSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSEUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.25608878
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 0.26129474
The short-term trend has been UP since Apr 6th, 2020 at 0.25573952
Smart Scan Analysis for ILSEUR
Based on our trend formula, ILSEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).