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Forex Trend Analysis Report

Prepared for you on Wednesday, February 26, 2020.

US Dollar/Israeli Shekel (FOREX:USDILS)

Countertrend Down (-85) - USDILS 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 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
3.42725 3.44385 3.42725 3.42985 +0.00260
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term down The long-term trend has been DOWN since Jul 10th, 2019 at 3.55542

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2019 at 3.46171

short term up The short-term trend has been UP since Feb 20th, 2020 at 3.43460

Smart Scan Analysis for USDILS

Based on our trend formula, USDILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.42725 3.44385 3.42725 3.42985 +0.00260
Prev. Close Volume Bid Ask Time
3.42725 3.42835 3.43135 2020-02-26 15:06:25
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