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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Israeli Shekel (FOREX:GBPILS)
Bear Market Rally (-75) - GBPILS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPILS as it may be in the beginning 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.
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MarketClub’s Trade Triangles for GBPILS
The long-term trend has been DOWN since Nov 15th, 2024 at 4.72385
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 4.89385
The short-term trend has been UP since Nov 19th, 2024 at 4.75140
Smart Scan Analysis for GBPILS
Based on our trend formula, GBPILS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7481827 | 4.7602972 | 4.7421501 | 4.7521000 | +0.0039170 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7481827 | 2024-11-20 03:31:30 |