Unable to conditionally auto populate a symbol column

Hi,

I have been trying to auto-populate the health column (symbols red/blue/green/yellow) using status column dropdown value using the below formula, but it is not parsed. Can you please help?


=IF([Status]2=“Not Started”, “Red”, IF([Status]2=“Waiting/Blocked”,“Blue”,IF([Status]2= “In Progress”, “Yellow”,IF([Status]2= “Completed”, “Green”))))

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