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Forex Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Israeli Shekel/Polish New Zloty (FOREX:ILSPLN)

Long-Term Downtrend (-90) - ILSPLN is in a strong downtrend that is likely to continue. While ILSPLN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.

FOREX_ILSPLN
Open High Low ILSPLN Price Change
1.0639448 1.0668200 1.0603789 1.0666910 +0.0027460
Entry Signal

MarketClub’s Trade Triangles for ILSPLN

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 1.0515679

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2024 at 1.0546441

short term down The short-term trend has been DOWN since May 27th, 2024 at 1.0686019

Smart Scan Analysis for ILSPLN

Based on our trend formula, ILSPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ILSPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0639448 1.0668200 1.0603789 1.0666910 +0.0027460
Prev. Close Volume Bid Ask Time
1.0639448 2024-05-29 11:05:30
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