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Forex Trend Analysis Report

Prepared for you on Saturday, November 18, 2017.

Euro/Israeli Shekel (FOREX:EURILS)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
4.14890 4.15490 4.14025 4.14660 -0.00230
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long term trend has been DOWN since Nov 1st, 2017 at 4.09215

intermediate term up The intermediate term trend has been UP since Nov 14th, 2017 at 4.15425

short term up The short term trend has been UP since Nov 9th, 2017 at 4.08150

Smart Scan Analysis for EURILS

Based on a pre-defined weighted trend formula for chart analysis, EURILS scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.14890 4.15490 4.14025 4.14660 -0.00230
Prev. Close Volume Bid Ask Time
4.14660 4.13665 4.15655 2017-11-17 18:51:10
Want to analyze Euro/Israeli Shekel EURILS or another symbol? Try our Free Forex Trend Analysis Report.