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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2017.

Euro/Israeli Shekel (FOREX:EURILS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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
4.19260 4.19915 4.17035 4.17840 -0.01420
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term up The long term trend has been UP since Jul 11th, 2017 at 4.05430

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2017 at 4.21610

short term down The short term trend has been DOWN since Sep 20th, 2017 at 4.20205

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
4.19260 4.19915 4.17035 4.17840 -0.01420
Prev. Close Volume Bid Ask Time
4.19260 4.16225 4.19455 2017-09-22 19:59:41
Want to analyze Euro/Israeli Shekel EURILS or another symbol? Try our Free Forex Trend Analysis Report.