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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Countertrend Up (+85) - ILSSEK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
2.8695727 2.8936875 2.8660177 2.8832646 +0.0136920
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term up The long-term trend has been UP since Feb 2nd, 2024 at 2.8747404

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 2.9108059

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 2.8755845

Smart Scan Analysis for ILSSEK

Based on our trend formula, ILSSEK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8695727 2.8936875 2.8660177 2.8832646 +0.0136920
Prev. Close Volume Bid Ask Time
2.8695727 2024-04-24 14:36:13
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