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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

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.

FOREX_GBPILS
Open High Low GBPILS Price Change
4.6602485 4.6602485 4.6596198 4.6596198 -0.0006290
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term up The long-term trend has been UP since Nov 24th, 2022 at 4.1587546

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2023 at 4.7554415

short term up The short-term trend has been UP since Sep 11th, 2023 at 4.8155000

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).

-55
Smart Scan Analysis for GBPILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.6602485 4.6602485 4.6596198 4.6596198 -0.0006290
Prev. Close Volume Bid Ask Time
4.6602485 2023-09-24 13:46:09
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