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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 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
0.20357178 0.20374592 0.20294109 0.20324354 -0.00032800
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 Oct 15th, 2024 at 0.20438076

short term down The short-term trend has been DOWN since Oct 21st, 2024 at 0.20386372

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
0.20357178 0.20374592 0.20294109 0.20324354 -0.00032800
Prev. Close Volume Bid Ask Time
0.20357178 2024-10-25 10:54:08
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