Forex Trend Analysis Report
Prepared for you on Monday, October 25, 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 UP since May 3rd, 2021 at 1.1357394
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 1.1415309
The short-term trend has been DOWN since Oct 25th, 2021 at 1.1419946
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).