Forex Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
Brazilian Real/Israeli Shekel (FOREX:BRLILS)
Strong Downtrend (-100) - BRLILS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 0.8688550
The intermediate-term trend has been DOWN since Jan 10th, 2020 at 0.8457456
The short-term trend has been DOWN since Feb 18th, 2020 at 0.7904136
Smart Scan Analysis for BRLILS
Based on our trend formula, BRLILS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).