Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)
Strong Uptrend (+100) - ILSNOK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ILSNOK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 9th, 2022 at 2.8403157
The intermediate-term trend has been UP since Jul 14th, 2022 at 2.9590756
The short-term trend has been UP since Aug 12th, 2022 at 2.9485762
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).