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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

US Dollar/Israeli Shekel (FOREX:USDILS)

Long-Term Uptrend (+90) - USDILS is in a strong uptrend that is likely to continue. While USDILS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid USDILS?

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

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

FOREX_USDILS
Open High Low USDILS Price Change
3.793555 3.823600 3.757300 3.761100 -0.032455
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term up The long-term trend has been UP since Apr 18th, 2024 at 3.796265

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 3.684065

short term up The short-term trend has been UP since Apr 17th, 2024 at 3.773790

Smart Scan Analysis for USDILS

Based on our trend formula, USDILS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.793555 3.823600 3.757300 3.761100 -0.032455
Prev. Close Volume Bid Ask Time
3.793555 2024-04-19 19:42:32
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