Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)
Bull Market Weakness (+75) - ILSNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILSNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ILSNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSNOK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ILSNOK
The long-term trend has been UP since Nov 3rd, 2023 at 2.8646933
The intermediate-term trend has been UP since Apr 30th, 2024 at 2.9462740
The short-term trend has been UP since May 8th, 2024 at 2.9500571
Smart Scan Analysis for ILSNOK
Based on our trend formula, ILSNOK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9352408 | 2.9363510 | 2.9130776 | 2.9160320 | -0.0192090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9352408 | 2024-05-09 09:01:25 |