Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
ISRAELI SHEKEL Dec 2023 (CME:ILS.Z23)
Bull Market Weakness (+75) - ILS.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILS.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ILS.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILS.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILS.Z23
The long-term trend has been UP since Nov 16th, 2023 at 0.26493
The intermediate-term trend has been UP since Nov 3rd, 2023 at 0.25342
The short-term trend has been UP since Oct 31st, 2023 at 0.24717
Smart Scan Analysis for ILS.Z23
Based on our trend formula, ILS.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).