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Forex Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

Euro/Israeli Shekel (FOREX:EURILS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_EURILS
Open High Low EURILS Price Change
4.27105 4.28875 4.26920 4.27250 +0.00145
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term up The long term trend has been UP since Dec 10th, 2018 at 4.26835

intermediate term up The intermediate term trend has been UP since Nov 19th, 2018 at 4.23075

short term up The short term trend has been UP since Dec 14th, 2018 at 4.27635

Smart Scan Analysis for EURILS

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

+100
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.27105 4.28875 4.26920 4.27250 +0.00145
Prev. Close Volume Bid Ask Time
4.27105 4.26840 4.27660 2018-12-18 22:35:04
Want to analyze Euro/Israeli Shekel EURILS or another symbol? Try our Free Forex Trend Analysis Report.