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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Brazilian Real/Israeli Shekel (FOREX:BRLILS)
Sidelines Mode (-55) - BRLILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BRLILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for BRLILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BRLILS
The long-term trend has been DOWN since Dec 15th, 2023 at 0.7413558
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.7254324
The short-term trend has been UP since Apr 19th, 2024 at 0.7284279
Smart Scan Analysis for BRLILS
Based on our trend formula, BRLILS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7337494 | 0.7398858 | 0.7336280 | 0.7375267 | +0.0037770 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7337494 | 2024-04-25 17:09:39 |