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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

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.

FOREX_ILSPLN
Open High Low ILSPLN Price Change
1.1635057 1.1661898 1.1509665 1.1523150 -0.0111910
Entry Signal

MarketClub’s Trade Triangles for ILSPLN

long term down The long-term trend has been DOWN since Apr 14th, 2021 at 1.1564627

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 1.1230138

short term up The short-term trend has been UP since Apr 20th, 2021 at 1.1614151

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).

-85
Smart Scan Analysis for ILSPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1635057 1.1661898 1.1509665 1.1523150 -0.0111910
Prev. Close Volume Bid Ask Time
1.1635057 2021-05-07 11:11:32
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