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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/Israeli Shekel (FOREX:USDILS)

Weak Downtrend (-65) - USDILS is showing signs of a strengthening downtrend. Monitor USDILS as it may be building momentum to the downside.

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
3.49501 3.49501 3.49061 3.49339 -0.00162
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term up The long-term trend has been UP since Mar 9th, 2020 at 3.50010

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2020 at 3.53720

short term down The short-term trend has been DOWN since May 18th, 2020 at 3.52722

Smart Scan Analysis for USDILS

Based on our trend formula, USDILS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.49501 3.49501 3.49061 3.49339 -0.00162
Prev. Close Volume Bid Ask Time
3.49501 3.49189 3.49489 2020-06-02 02:13:51
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