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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Euro/Israeli Shekel (FOREX:EURILS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
4.23495 4.24030 4.23195 4.23600 +0.00105
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long term trend has been DOWN since May 16th, 2018 at 4.225850

intermediate term up The intermediate term trend has been UP since Jun 29th, 2018 at 4.255155

short term down The short term trend has been DOWN since Jul 17th, 2018 at 4.228700

Smart Scan Analysis for EURILS

Based on a pre-defined weighted trend formula for chart analysis, EURILS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.23495 4.24030 4.23195 4.23600 +0.00105
Prev. Close Volume Bid Ask Time
4.23495 4.23485 4.23715 2018-07-19 07:46:58
Want to analyze Euro/Israeli Shekel EURILS or another symbol? Try our Free Forex Trend Analysis Report.