Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
ISRAELI SHEKEL/US DOLLAR DECEMBER 2023 (ICE:@ILS.Z23)
Crossroads (+60) - @ILS.Z23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Aug 11th, 2023 at 0.26956
The intermediate-term trend has been UP since Nov 6th, 2023 at 0.25185
The short-term trend has been UP since Nov 28th, 2023 at 0.26860
Smart Scan Analysis for @ILS.Z23
Based on our trend formula, @ILS.Z23 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2718||52wk High Date||2023-11-29|
|52wk Low||0.24555||52wk Low Date||2023-10-27|