Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Israeli Shekel/United Arab Emirates Dirham (FOREX:ILSAED)
Crossroads (-60) - ILSAED is struggling to move into a solid trend. Beware of choppy markets 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 Mar 4th, 2021 at 1.1081313
The intermediate-term trend has been UP since Apr 15th, 2021 at 1.1201149
The short-term trend has been UP since Apr 15th, 2021 at 1.1199197
Smart Scan Analysis for ILSAED
Based on our trend formula, ILSAED is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).