Future Trend Analysis Report
Prepared for you on Monday, December 5, 2022.
ISRAELI SHEKEL/US DOLLAR DECEMBER 2022 (ICE:@ILS.Z22)
Bull Market Weakness (+75) - @ILS.Z22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @ILS.Z22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @ILS.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ILS.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ILS.Z22
The long-term trend has been DOWN since Sep 23rd, 2022 at 0.28754
The intermediate-term trend has been UP since Nov 10th, 2022 at 0.28755
The short-term trend has been UP since Nov 30th, 2022 at 0.29217
Smart Scan Analysis for @ILS.Z22
Based on our trend formula, @ILS.Z22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.2955||52wk High Date||2022-09-13|
|52wk Low||0.279325||52wk Low Date||2022-10-13|