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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

British Pound/Israeli Shekel (FOREX:GBPILS)

Bull Market Weakness (+75) - GBPILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPILS as it may be in the beginning stages of a reversal.

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
4.3633367 4.3690313 4.3565500 4.3669013 +0.0035650
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term down The long-term trend has been DOWN since Mar 18th, 2020 at 4.39270

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 4.36740

short term up The short-term trend has been UP since May 28th, 2020 at 4.33735

Smart Scan Analysis for GBPILS

Based on our trend formula, GBPILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for GBPILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.3633367 4.3690313 4.3565500 4.3669013 +0.0035650
Prev. Close Volume Bid Ask Time
4.3633367 4.3650262 4.3687763 2020-06-02 02:18:02
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