Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Israeli Shekel/Euro (FOREX:ILSEUR)
Sidelines Mode (+55) - ILSEUR 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 ILSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSEUR
The long-term trend has been UP since Jun 17th, 2021 at 0.25616422
The intermediate-term trend has been UP since Sep 13th, 2021 at 0.26492553
The short-term trend has been DOWN since Oct 11th, 2021 at 0.26714071
Smart Scan Analysis for ILSEUR
Based on our trend formula, ILSEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).