Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Israeli Shekel/Polish New Zloty (FOREX:ILSPLN)
Bear Market Rally (-75) - ILSPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ILSPLN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ILSPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSPLN
The long-term trend has been DOWN since Nov 4th, 2022 at 1.3347883
The intermediate-term trend has been UP since Nov 7th, 2023 at 1.0726969
The short-term trend has been DOWN since Nov 21st, 2023 at 1.0679320
Smart Scan Analysis for ILSPLN
Based on our trend formula, ILSPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).