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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Crossroads (+60) - ILSNOK 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 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.

FOREX_ILSNOK
Open High Low ILSNOK Price Change
2.8913515 2.9177880 2.8882003 2.9091494 +0.0177980
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term up The long-term trend has been UP since Nov 3rd, 2023 at 2.8646933

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 2.8570082

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 2.8928050

Smart Scan Analysis for ILSNOK

Based on our trend formula, ILSNOK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8913515 2.9177880 2.8882003 2.9091494 +0.0177980
Prev. Close Volume Bid Ask Time
2.8913515 2024-04-24 13:13:17
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