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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Israeli Shekel (FOREX:GBPILS)
Bear Market Rally (-75) - GBPILS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPILS as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPILS
The long-term trend has been DOWN since Jul 14th, 2024 at 4.6100621
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 4.7030788
The short-term trend has been UP since Jul 25th, 2024 at 4.7197500
Smart Scan Analysis for GBPILS
Based on our trend formula, GBPILS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7161039 | 4.7373351 | 4.6998550 | 4.7061493 | -0.0099550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7161039 | 2024-07-26 21:03:34 |