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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

US Dollar/Israeli Shekel (FOREX:USDILS)

Countertrend Up (+85) - USDILS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
3.45126 3.45126 3.39319 3.41224 -0.03902
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term up The long-term trend has been UP since Feb 4th, 2022 at 3.206360

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 3.396975

short term down The short-term trend has been DOWN since Jun 24th, 2022 at 3.425030

Smart Scan Analysis for USDILS

Based on our trend formula, USDILS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.45126 3.45126 3.39319 3.41224 -0.03902
Prev. Close Volume Bid Ask Time
3.41224 2022-06-24 19:47:28
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