Forex Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
Israeli Shekel/US Dollar (FOREX:ILSUSD)
Bull Market Weakness (+75) - ILSUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILSUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ILSUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSUSD
The long-term trend has been UP since May 9th, 2021 at 0.30914992
The intermediate-term trend has been UP since Jan 3rd, 2022 at 0.32356664
The short-term trend has been DOWN since Jan 10th, 2022 at 0.31998267
Smart Scan Analysis for ILSUSD
Based on our trend formula, ILSUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).