Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)
Strong Downtrend (-100) - ILSNOK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ILSNOK
The long-term trend has been DOWN since Oct 14th, 2021 at 2.6160471
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 2.6599966
The short-term trend has been DOWN since Oct 11th, 2021 at 2.6351439
Smart Scan Analysis for ILSNOK
Based on our trend formula, ILSNOK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).