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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

Israeli Shekel/Norwegian Krone (FOREX:ILSNOK)

Sidelines Mode (+55) - ILSNOK 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 ILSNOK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ILSNOK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ILSNOK
Open High Low ILSNOK Price Change
2.8031177 2.8118960 2.7975098 2.8097133 +0.0065960
Entry Signal

MarketClub’s Trade Triangles for ILSNOK

long term up The long-term trend has been UP since Nov 16th, 2021 at 2.8071832

intermediate term down The intermediate-term trend has been DOWN since Dec 21st, 2021 at 2.8222549

short term up The short-term trend has been UP since Jan 14th, 2022 at 2.8464331

Smart Scan Analysis for ILSNOK

Based on our trend formula, ILSNOK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ILSNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8031177 2.8118960 2.7975098 2.8097133 +0.0065960
Prev. Close Volume Bid Ask Time
2.8031177 2022-01-19 06:18:35
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