Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Israeli Shekel/British Pound (FOREX:ILSGBP)
Long-Term Uptrend (+90) - ILSGBP is in a strong uptrend that is likely to continue. While ILSGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Feb 15th, 2024 at 0.21956846
The intermediate-term trend has been UP since May 8th, 2024 at 0.21625003
The short-term trend has been UP since May 7th, 2024 at 0.21530214
Smart Scan Analysis for ILSGBP
Based on our trend formula, ILSGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21674792 | 0.21689960 | 0.21540245 | 0.21570959 | -0.00103800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21674792 | 2024-05-08 08:05:38 |