Forex Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Israeli Shekel/Swedish Krona (FOREX:ILSSEK)
Strong Uptrend (+100) - ILSSEK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ILSSEK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ILSSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSSEK
The long-term trend has been UP since Jul 8th, 2021 at 2.6403743
The intermediate-term trend has been UP since May 16th, 2022 at 2.9934764
The short-term trend has been UP since Aug 2nd, 2022 at 3.0155876
Smart Scan Analysis for ILSSEK
Based on our trend formula, ILSSEK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).