Future Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
ISRAELI SHEKEL Jun 2023 (CME:ILS.M23)
Sidelines Mode (+50) - ILS.M23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ILS.M23 can gain momentum.
Is it time to buy, sell, or avoid ILS.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILS.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILS.M23
The long-term trend has been DOWN since Apr 12th, 2023 at 0.27260
The intermediate-term trend has been UP since Jun 9th, 2023 at 0.27506
The short-term trend has been UP since Jun 7th, 2023 at 0.27028
Smart Scan Analysis for ILS.M23
Based on our trend formula, ILS.M23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).