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Forex Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
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.
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MarketClub’s Trade Triangles for ILSSEK
The long-term trend has been DOWN since Dec 7th, 2022 at 3.0109210
The intermediate-term trend has been UP since May 25th, 2023 at 2.9090095
The short-term trend has been DOWN since Jun 1st, 2023 at 2.8849096
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.8799607 | 2.9203468 | 2.8797990 | 2.9032143 | +0.0232540 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.8799607 | 2023-06-05 15:57:46 |