Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Israeli Shekel/US Dollar (FOREX:ILSUSD)
Crossroads (-60) - ILSUSD is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Mar 9th, 2020 at 0.28570617
The intermediate-term trend has been UP since Apr 22nd, 2020 at 0.28268558
The short-term trend has been UP since May 18th, 2020 at 0.28349579
Smart Scan Analysis for ILSUSD
Based on our trend formula, ILSUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).