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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Sidelines Mode (-55) - ILSSEK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_ILSSEK
Open High Low ILSSEK Price Change
2.7401935 2.7498830 2.7086704 2.7091132 -0.0310800
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term up The long-term trend has been UP since Mar 20th, 2020 at 2.8713993

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 2.7743657

short term up The short-term trend has been UP since May 27th, 2020 at 2.7521098

Smart Scan Analysis for ILSSEK

Based on our trend formula, ILSSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7401935 2.7498830 2.7086704 2.7091132 -0.0310800
Prev. Close Volume Bid Ask Time
2.7401935 2.7086009 2.7096254 2020-05-28 11:51:03
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