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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Israeli Shekel/Swedish Krona (FOREX:ILSSEK)

Bull Market Weakness (+75) - ILSSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILSSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ILSSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ILSSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ILSSEK
Open High Low ILSSEK Price Change
2.9277392 2.9364730 2.9221533 2.9361275 +0.0083880
Entry Signal

MarketClub’s Trade Triangles for ILSSEK

long term down The long-term trend has been DOWN since Jun 6th, 2024 at 2.7877212

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 2.8571482

short term up The short-term trend has been UP since Jul 19th, 2024 at 2.9368130

Smart Scan Analysis for ILSSEK

Based on our trend formula, ILSSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ILSSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9277392 2.9364730 2.9221533 2.9361275 +0.0083880
Prev. Close Volume Bid Ask Time
2.9277392 2024-07-22 06:06:34
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