Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
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.
MarketClub’s Trade Triangles for USDILS
The long-term trend has been UP since Mar 4th, 2021 at 3.31348
The intermediate-term trend has been UP since Feb 28th, 2021 at 3.31222
The short-term trend has been UP since Mar 4th, 2021 at 3.31348
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).