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Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

Israeli Shekel/South African Rand (FOREX:ILSZAR)

Bear Market Rally (-75) - ILSZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ILSZAR as it may be in the beginning of a reversal.

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.

FOREX_ILSZAR
Open High Low ILSZAR Price Change
4.9602017 4.9619531 4.8957761 4.8957761 -0.0644260
Entry Signal

MarketClub’s Trade Triangles for ILSZAR

long term down The long-term trend has been DOWN since Jul 20th, 2023 at 4.7733157

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2023 at 5.1439339

short term down The short-term trend has been DOWN since Sep 13th, 2023 at 4.9083306

Smart Scan Analysis for ILSZAR

Based on our trend formula, ILSZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ILSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9602017 4.9619531 4.8957761 4.8957761 -0.0644260
Prev. Close Volume Bid Ask Time
4.9602017 2023-09-22 17:07:33
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