Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Brazilian Real/Israeli Shekel (FOREX:BRLILS)
Bull Market Weakness (+75) - BRLILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BRLILS as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for BRLILS
The long-term trend has been DOWN since Aug 12th, 2019 at 0.86885500
The intermediate-term trend has been UP since May 25th, 2020 at 0.64567678
The short-term trend has been UP since May 15th, 2020 at 0.61102767
Smart Scan Analysis for BRLILS
Based on our trend formula, BRLILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).