Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
British Pound/Israeli Shekel (FOREX:GBPILS)
Sidelines Mode (+55) - GBPILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for GBPILS
The long-term trend has been DOWN since Jul 20th, 2021 at 4.4764757
The intermediate-term trend has been UP since Oct 10th, 2021 at 4.4111590
The short-term trend has been DOWN since Oct 22nd, 2021 at 4.4166864
Smart Scan Analysis for GBPILS
Based on our trend formula, GBPILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).