Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
ISRAELI SHEKEL/US DOLLAR JUNE 2020 (ICE:@ILS.M20)
Countertrend Down (-85) - @ILS.M20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @ILS.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ILS.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ILS.M20
The long-term trend has been DOWN since Feb 28th, 2020 at 0.288800
The intermediate-term trend has been DOWN since May 18th, 2020 at 0.282575
The short-term trend has been UP since May 19th, 2020 at 0.283375
Smart Scan Analysis for @ILS.M20
Based on our trend formula, @ILS.M20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2893||52wk High Date||2020-03-05|
|52wk Low||0.259||52wk Low Date||2020-03-17|