Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
British Pound/Israeli Shekel (FOREX:GBPILS)
Strong Uptrend (+100) - GBPILS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPILS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Nov 24th, 2022 at 4.1587546
The intermediate-term trend has been UP since Feb 21st, 2023 at 4.3313500
The short-term trend has been UP since Mar 10th, 2023 at 4.3367703
Smart Scan Analysis for GBPILS
Based on our trend formula, GBPILS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).