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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Israeli Shekel (FOREX:USDILS)
Bull Market Weakness (+75) - USDILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDILS as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDILS
The long-term trend has been UP since Aug 1st, 2024 at 3.786420
The intermediate-term trend has been DOWN since Oct 30th, 2024 at 3.702935
The short-term trend has been UP since Nov 19th, 2024 at 3.750250
Smart Scan Analysis for USDILS
Based on our trend formula, USDILS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.74324 | 3.74781 | 3.73947 | 3.74420 | +0.00096 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.74324 | 2024-11-20 03:31:57 |