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Forex Trend Analysis Report

Prepared for you on Monday, November 23, 2020.

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
2.6944510 2.7116190 2.6816635 2.7053746 +0.0109240
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term up The long-term trend has been UP since Oct 29th, 2020 at 2.7874657

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2020 at 2.6983978

short term down The short-term trend has been DOWN since Nov 17th, 2020 at 2.6958939

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
2.6944510 2.7116190 2.6816635 2.7053746 +0.0109240
Prev. Close Volume Bid Ask Time
2.6944510 2020-11-23 12:12:05
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