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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.

FOREX_GBPILS
Open High Low GBPILS Price Change
4.4630619 4.5184703 4.4574000 4.5018262 +0.0387640
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term up The long-term trend has been UP since Nov 24th, 2022 at 4.1587546

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2023 at 4.3313500

short term up 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).

+100
Smart Scan Analysis for GBPILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4630619 4.5184703 4.4574000 4.5018262 +0.0387640
Prev. Close Volume Bid Ask Time
4.4630619 2023-03-20 19:22:23
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