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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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
4.5777032 4.6003384 4.5670500 4.5949000 +0.0171970
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 4.7238500

intermediate term up The intermediate-term trend has been UP since Dec 25th, 2024 at 4.6345911

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 4.5624765

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
4.5777032 4.6003384 4.5670500 4.5949000 +0.0171970
Prev. Close Volume Bid Ask Time
4.5777032 2024-12-26 08:29:18
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