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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 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.

FOREX_BRLILS
Open High Low BRLILS Price Change
0.66997441 0.67052622 0.66299958 0.66436657 -0.00560800
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term up The long-term trend has been UP since Oct 2nd, 2024 at 0.69847620

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 Oct 22nd, 2024 at 0.66499576

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).

+55
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.66997441 0.67052622 0.66299958 0.66436657 -0.00560800
Prev. Close Volume Bid Ask Time
0.66997441 2024-10-25 16:39:22
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