Forex Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
Israeli Shekel/US Dollar (FOREX:ILSUSD)
Weak Downtrend (-65) - ILSUSD is showing signs of a strengthening downtrend. Monitor ILSUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ILSUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSUSD
The long-term trend has been UP since May 9th, 2021 at 0.30914992
The intermediate-term trend has been DOWN since Nov 24th, 2021 at 0.31641777
The short-term trend has been DOWN since Nov 21st, 2021 at 0.32255666
Smart Scan Analysis for ILSUSD
Based on our trend formula, ILSUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).