Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)
Bull Market Weakness (+75) - ILSAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILSAED as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ILSAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSAED
The long-term trend has been DOWN since Mar 9th, 2020 at 1.0494074
The intermediate-term trend has been UP since Apr 22nd, 2020 at 1.0382900
The short-term trend has been UP since May 18th, 2020 at 1.0413084
Smart Scan Analysis for ILSAED
Based on our trend formula, ILSAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).