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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

Swiss Franc/Israeli Shekel (FOREX:CHFILS)

Sidelines Mode (+55) - CHFILS 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 CHFILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFILS
Open High Low CHFILS Price Change
3.6101753 3.6145594 3.6025800 3.6141657 +0.0039900
Entry Signal

MarketClub’s Trade Triangles for CHFILS

long term down The long-term trend has been DOWN since Nov 9th, 2020 at 3.6796518

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 3.5778633

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 3.5548716

Smart Scan Analysis for CHFILS

Based on our trend formula, CHFILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6101753 3.6145594 3.6025800 3.6141657 +0.0039900
Prev. Close Volume Bid Ask Time
3.6101753 2021-05-09 19:44:43
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