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Forex Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
Israeli Shekel/South African Rand (FOREX:ILSZAR)
Countertrend Down (-85) - ILSZAR 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 ILSZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ILSZAR
The long-term trend has been DOWN since Apr 29th, 2024 at 4.8856396
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 5.1005215
The short-term trend has been UP since Apr 30th, 2024 at 5.0156406
Smart Scan Analysis for ILSZAR
Based on our trend formula, ILSZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.9778737 | 4.9981229 | 4.9606825 | 4.9804848 | +0.0026110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.9778737 | 2024-05-03 17:01:33 |