Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Australian Dollar/Israeli Shekel (FOREX:AUDILS)
Sidelines Mode (+55) - AUDILS 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 AUDILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUDILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AUDILS
The long-term trend has been UP since Oct 9th, 2023 at 2.5250171
The intermediate-term trend has been UP since Dec 3rd, 2023 at 2.4835085
The short-term trend has been DOWN since Dec 5th, 2023 at 2.4477850
Smart Scan Analysis for AUDILS
Based on our trend formula, AUDILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).