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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Israeli Shekel/South African Rand (FOREX:ILSZAR)

Sidelines Mode (+55) - ILSZAR 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 ILSZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ILSZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ILSZAR
Open High Low ILSZAR Price Change
4.9980608 5.0066307 4.9510941 4.9935060 -0.0045550
Entry Signal

MarketClub’s Trade Triangles for ILSZAR

long term down The long-term trend has been DOWN since Apr 29th, 2024 at 4.8856396

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2024 at 4.9644359

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 4.9950375

Smart Scan Analysis for ILSZAR

Based on our trend formula, ILSZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ILSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9980608 5.0066307 4.9510941 4.9935060 -0.0045550
Prev. Close Volume Bid Ask Time
4.9980608 2024-07-26 17:00:06
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