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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Crossroads (+60) - ILSNOK 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 ILSNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ILSNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ILSNOK
Open High Low ILSNOK Price Change
2.8073130 2.8252722 2.7867158 2.8216574 +0.0143440
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term down The long-term trend has been DOWN since Jul 17th, 2023 at 2.8113504

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2023 at 2.8363813

short term up The short-term trend has been UP since Oct 2nd, 2023 at 2.8136171

Smart Scan Analysis for ILSNOK

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

+60
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8073130 2.8252722 2.7867158 2.8216574 +0.0143440
Prev. Close Volume Bid Ask Time
2.8073130 2023-10-02 18:32:04
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