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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Brazilian Real/Israeli Shekel (FOREX:BRLILS)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BRLILS
Open High Low BRLILS Price Change
0.962995 0.963485 0.962185 0.963485 +0.000490
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term up The long term trend has been UP since Oct 25th, 2018 at 1.001550

intermediate term down The intermediate term trend has been DOWN since Nov 13th, 2018 at 0.971260

short term up The short term trend has been UP since Dec 12th, 2018 at 0.964485

Smart Scan Analysis for BRLILS

Based on a pre-defined weighted trend formula for chart analysis, BRLILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.962995 0.963485 0.962185 0.963485 +0.000490
Prev. Close Volume Bid Ask Time
0.962995 0.963010 0.963960 2018-12-16 21:11:18
Want to analyze Brazilian Real/Israeli Shekel BRLILS or another symbol? Try our Free Forex Trend Analysis Report.