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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Bear Market Rally (-75) - ILSNOK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ILSNOK as it may be in the beginning of a reversal.

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
2.5828139 2.6029948 2.5638643 2.5643793 -0.0184350
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term down The long-term trend has been DOWN since Jan 6th, 2021 at 2.6392497

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 2.6214365

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 2.5744585

Smart Scan Analysis for ILSNOK

Based on our trend formula, ILSNOK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5828139 2.6029948 2.5638643 2.5643793 -0.0184350
Prev. Close Volume Bid Ask Time
2.5828139 2021-03-05 09:29:23
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