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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Bear Market Rally (-75) - ILSSEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ILSSEK as it may be in the beginning of a reversal.

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.

FOREX_ILSSEK
Open High Low ILSSEK Price Change
2.585293 2.585293 2.585293 2.585293 0.000000
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 2.6366525

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2020 at 2.5850411

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 2.5589184

Smart Scan Analysis for ILSSEK

Based on our trend formula, ILSSEK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.585293 2.585293 2.585293 2.585293 0.000000
Prev. Close Volume Bid Ask Time
2.585293 2020-12-05 03:12:43
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