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Forex Trend Analysis Report

Prepared for you on Wednesday, July 15, 2020.

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
4.3272044 4.3373000 4.3117981 4.3156603 -0.0115440
Entry Signal

MarketClub’s Trade Triangles for GBPILS

long term down The long-term trend has been DOWN since Mar 18th, 2020 at 4.3927000

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2020 at 4.3773000

short term down The short-term trend has been DOWN since Jul 13th, 2020 at 4.3396046

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
4.3272044 4.3373000 4.3117981 4.3156603 -0.0115440
Prev. Close Volume Bid Ask Time
4.3272044 4.3137721 4.3175485 2020-07-15 14:35:57
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