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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

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
2.6793716 2.6956943 2.6788658 2.6931809 +0.0138090
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term up The long-term trend has been UP since Jul 8th, 2021 at 2.6403743

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 2.6934136

short term up The short-term trend has been UP since Oct 26th, 2021 at 2.6948052

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
2.6793716 2.6956943 2.6788658 2.6931809 +0.0138090
Prev. Close Volume Bid Ask Time
2.6793716 2021-10-26 14:05:03
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