Forex Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
US Dollar/Israeli Shekel (FOREX:USDILS)
Weak Downtrend (-65) - USDILS is showing signs of a strengthening downtrend. Monitor USDILS as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for USDILS
The long-term trend has been DOWN since Jan 18th, 2023 at 3.37541
The intermediate-term trend has been DOWN since Jan 11th, 2023 at 3.43302
The short-term trend has been UP since Jan 26th, 2023 at 3.40170
Smart Scan Analysis for USDILS
Based on our trend formula, USDILS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).