Forex Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
Israeli Shekel/Swiss Franc (FOREX:ILSCHF)
Sidelines Mode (+55) - ILSCHF 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 ILSCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSCHF
The long-term trend has been UP since Sep 27th, 2019 at 0.28521000
The intermediate-term trend has been UP since Jan 28th, 2020 at 0.28194406
The short-term trend has been DOWN since Feb 24th, 2020 at 0.28585404
Smart Scan Analysis for ILSCHF
Based on our trend formula, ILSCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).