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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.

FOREX_USDILS
Open High Low USDILS Price Change
3.12569 3.14912 3.12569 3.14108 +0.01539
Entry Signal

MarketClub’s Trade Triangles for USDILS

long term down The long-term trend has been DOWN since Jun 16th, 2021 at 3.237170

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 3.090915

short term up 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).

-55
Smart Scan Analysis for USDILS
Strong Downtrend Sideways 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
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