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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.

FOREX_USDILS
Open High Low USDILS Price Change
3.440270 3.440270 3.435855 3.435855 -0.004415
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term down The long-term trend has been DOWN since Jan 18th, 2023 at 3.37541

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2023 at 3.43302

short term up 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).

-65
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.440270 3.440270 3.435855 3.435855 -0.004415
Prev. Close Volume Bid Ask Time
3.440270 2023-01-29 23:53:18
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