Forex Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
Israeli Shekel/Polish New Zloty (FOREX:ILSPLN)
Countertrend Down (-85) - ILSPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ILSPLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSPLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSPLN
The long-term trend has been DOWN since Jul 22nd, 2020 at 1.1196786
The intermediate-term trend has been DOWN since Jul 13th, 2020 at 1.1391640
The short-term trend has been UP since Aug 10th, 2020 at 1.0991539
Smart Scan Analysis for ILSPLN
Based on our trend formula, ILSPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).