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Forex Trend Analysis Report

Prepared for you on Thursday, November 14, 2024.

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.

FOREX_USDILS
Open High Low USDILS Price Change
3.754225 3.758555 3.732945 3.739680 -0.014545
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term up The long-term trend has been UP since Aug 1st, 2024 at 3.786420

intermediate term down The intermediate-term trend has been DOWN since Oct 30th, 2024 at 3.702935

short term up The short-term trend has been UP since Nov 12th, 2024 at 3.751040

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).

-55
Smart Scan Analysis for USDILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.754225 3.758555 3.732945 3.739680 -0.014545
Prev. Close Volume Bid Ask Time
3.754225 2024-11-14 19:49:59
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