Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2024.

Israeli Shekel/British Pound (FOREX:ILSGBP)

Sidelines Mode (+55) - ILSGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_ILSGBP
Open High Low ILSGBP Price Change
0.21290004 0.21319518 0.21058893 0.21241875 -0.00048100
Entry Signal

MarketClub’s Trade Triangles for ILSGBP

long term down The long-term trend has been DOWN since Jun 7th, 2024 at 0.20895801

intermediate term up The intermediate-term trend has been UP since Jul 9th, 2024 at 0.21243659

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 0.21208428

Smart Scan Analysis for ILSGBP

Based on our trend formula, ILSGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ILSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21290004 0.21319518 0.21058893 0.21241875 -0.00048100
Prev. Close Volume Bid Ask Time
0.21290004 2024-07-17 16:15:52
Get a free daily analysis and signals for Israeli Shekel/British Pound (ILSGBP) - Request Your Free Report.