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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)

Sidelines Mode (-55) - ILSAED 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 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.

FOREX_ILSAED
Open High Low ILSAED Price Change
0.9857982 0.9892734 0.9827341 0.9865215 +0.0007230
Entry Signal

MarketClub’s Trade Triangles for ILSAED

long term down The long-term trend has been DOWN since Feb 21st, 2023 at 1.0202469

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 0.9390063

short term down The short-term trend has been DOWN since Dec 1st, 2023 at 0.9857736

Smart Scan Analysis for ILSAED

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

-55
Smart Scan Analysis for ILSAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9857982 0.9892734 0.9827341 0.9865215 +0.0007230
Prev. Close Volume Bid Ask Time
0.9857982 2023-12-05 11:08:44
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