Forex Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Israeli Shekel/British Pound (FOREX:ILSGBP)
Strong Uptrend (+100) - ILSGBP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ILSGBP 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 ILSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSGBP
The long-term trend has been UP since Nov 15th, 2023 at 0.21299483
The intermediate-term trend has been UP since Nov 15th, 2023 at 0.21299483
The short-term trend has been UP since Dec 5th, 2023 at 0.21349638
Smart Scan Analysis for ILSGBP
Based on our trend formula, ILSGBP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).