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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Brazilian Real/Israeli Shekel (FOREX:BRLILS)

Crossroads (+60) - BRLILS is struggling to move into a solid trend. Beware of choppy markets 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
0.63466257 0.63471252 0.63213068 0.63313173 -0.00153100
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term down The long-term trend has been DOWN since Aug 12th, 2019 at 0.86885500

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 0.61453116

short term up The short-term trend has been UP since Dec 1st, 2020 at 0.62606990

Smart Scan Analysis for BRLILS

Based on our trend formula, BRLILS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63466257 0.63471252 0.63213068 0.63313173 -0.00153100
Prev. Close Volume Bid Ask Time
0.63466257 2020-12-04 02:12:06
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