Future Trend Analysis Report
Prepared for you on Wednesday, May 25, 2022.
ISRAELI SHEKEL/US DOLLAR JUNE 2022 (ICE:@ILS.M22)
Sidelines Mode (-55) - @ILS.M22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @ILS.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ILS.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ILS.M22
The long-term trend has been DOWN since Feb 4th, 2022 at 0.313800
The intermediate-term trend has been DOWN since Apr 19th, 2022 at 0.309925
The short-term trend has been UP since May 13th, 2022 at 0.291550
Smart Scan Analysis for @ILS.M22
Based on our trend formula, @ILS.M22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.31415||52wk High Date||2022-03-31|
|52wk Low||0.28935||52wk Low Date||2022-05-12|