Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Israeli Shekel (FOREX:GBPILS)
Crossroads (-60) - GBPILS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPILS
The long-term trend has been UP since Apr 28th, 2024 at 4.8193107
The intermediate-term trend has been DOWN since May 7th, 2024 at 4.6242745
The short-term trend has been DOWN since May 7th, 2024 at 4.6535211
Smart Scan Analysis for GBPILS
Based on our trend formula, GBPILS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6395113 | 4.6720071 | 4.6369615 | 4.6661911 | +0.0266800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6395113 | 2024-05-09 11:16:43 |