Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Israeli Shekel/Swedish Krona (FOREX:ILSSEK)
Crossroads (-60) - ILSSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Jan 13th, 2021 at 2.6339870
The intermediate-term trend has been DOWN since Feb 21st, 2021 at 2.5262917
The short-term trend has been DOWN since Feb 25th, 2021 at 2.5228612
Smart Scan Analysis for ILSSEK
Based on our trend formula, ILSSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).