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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Israeli Shekel/British Pound (FOREX:ILSGBP)
Sidelines Mode (+55) - ILSGBP 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 ILSGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSGBP.
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 ILSGBP
The long-term trend has been DOWN since Jun 7th, 2024 at 0.20895801
The intermediate-term trend has been UP since Jul 9th, 2024 at 0.21243659
The short-term trend has been DOWN since Jul 25th, 2024 at 0.21189347
Smart Scan Analysis for ILSGBP
Based on our trend formula, ILSGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.21164677 | 0.21277290 | 0.21108921 | 0.21257121 | +0.00092400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.21164677 | 2024-07-26 17:00:05 |