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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

British Pound/Israeli Shekel (FOREX:GBPILS)

Crossroads (+60) - GBPILS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
4.4254747 4.4330686 4.4215639 4.4230500 -0.0024250
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term down The long-term trend has been DOWN since Jul 20th, 2021 at 4.4764757

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2021 at 4.4111590

short term up The short-term trend has been UP since Oct 14th, 2021 at 4.4176749

Smart Scan Analysis for GBPILS

Based on our trend formula, GBPILS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GBPILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4254747 4.4330686 4.4215639 4.4230500 -0.0024250
Prev. Close Volume Bid Ask Time
4.4254747 2021-10-22 07:09:23
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