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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

British Pound/Israeli Shekel (FOREX:GBPILS)

Weak Uptrend (+65) - GBPILS is showing signs of weakening momentum to the upside. Monitor 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
4.7155436 4.7295000 4.7100500 4.7293000 +0.0137560
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term up The long-term trend has been UP since Apr 28th, 2024 at 4.8193107

intermediate term up The intermediate-term trend has been UP since May 30th, 2024 at 4.7280222

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 4.7528945

Smart Scan Analysis for GBPILS

Based on our trend formula, GBPILS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7155436 4.7295000 4.7100500 4.7293000 +0.0137560
Prev. Close Volume Bid Ask Time
4.7155436 2024-06-20 06:26:20
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