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.
MarketClub’s Trade Triangles for ILSAED
The long-term trend has been DOWN since Feb 21st, 2023 at 1.0202469
The intermediate-term trend has been UP since Nov 6th, 2023 at 0.9390063
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).