Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Brazilian Real/Israeli Shekel (FOREX:BRLILS)

Weak Downtrend (-65) - BRLILS is showing signs of a strengthening downtrend. Monitor BRLILS as it may be building momentum to the downside.

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.

FOREX_BRLILS
Open High Low BRLILS Price Change
0.59308150 0.60538788 0.59046045 0.59973372 +0.00665200
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term down The long-term trend has been DOWN since Nov 1st, 2024 at 0.63914487

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2024 at 0.66610110

short term up The short-term trend has been UP since Dec 19th, 2024 at 0.59708184

Smart Scan Analysis for BRLILS

Based on our trend formula, BRLILS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.59308150 0.60538788 0.59046045 0.59973372 +0.00665200
Prev. Close Volume Bid Ask Time
0.59308150 2024-12-20 17:06:29
Get a free daily analysis and signals for Brazilian Real/Israeli Shekel (BRLILS) - Request Your Free Report.