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Forex Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

Israeli Shekel/British Pound (FOREX:ILSGBP)

Weak Uptrend (+65) - ILSGBP is showing signs of weakening momentum to the upside. Monitor ILSGBP as it may be in the beginning stages of a reversal.

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.

FOREX_ILSGBP
Open High Low ILSGBP Price Change
0.21384763 0.21390349 0.21206941 0.21254637 -0.00130100
Entry Signal

MarketClub’s Trade Triangles for ILSGBP

long term up The long-term trend has been UP since Feb 15th, 2024 at 0.21956846

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 0.21625003

short term down The short-term trend has been DOWN since May 17th, 2024 at 0.21333733

Smart Scan Analysis for ILSGBP

Based on our trend formula, ILSGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ILSGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21384763 0.21390349 0.21206941 0.21254637 -0.00130100
Prev. Close Volume Bid Ask Time
0.21346574 2024-05-17 11:07:27
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