Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Israeli Shekel/US Dollar (FOREX:ILSUSD)
Sidelines Mode (+55) - ILSUSD 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 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 Jun 10th, 2020 at 0.29145177
The intermediate-term trend has been UP since Feb 14th, 2021 at 0.30797750
The short-term trend has been DOWN since Feb 25th, 2021 at 0.30466262
Smart Scan Analysis for ILSUSD
Based on our trend formula, ILSUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).