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Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
US Dollar/Israeli Shekel (FOREX:USDILS)
Sidelines Mode (-55) - USDILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDILS.
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 USDILS
The long-term trend has been DOWN since Jun 16th, 2021 at 3.237170
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 3.090915
The short-term trend has been UP since Jan 18th, 2022 at 3.115790
Smart Scan Analysis for USDILS
Based on our trend formula, USDILS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.12569 | 3.14912 | 3.12569 | 3.14108 | +0.01539 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.14108 | 2022-01-21 18:47:38 |