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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.

FOREX_ILSNOK
Open High Low ILSNOK Price Change
2.6044319 2.6122132 2.5926641 2.6080465 +0.0036150
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term down The long-term trend has been DOWN since Oct 14th, 2021 at 2.6160471

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2021 at 2.6599966

short term down 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).

-100
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6044319 2.6122132 2.5926641 2.6080465 +0.0036150
Prev. Close Volume Bid Ask Time
2.6044319 2021-10-25 17:11:58
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