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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Brazilian Real/Israeli Shekel (FOREX:BRLILS)
Bear Market Rally (-75) - BRLILS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BRLILS as it may be in the beginning 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.
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MarketClub’s Trade Triangles for BRLILS
The long-term trend has been DOWN since Nov 1st, 2024 at 0.63914487
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 0.66610110
The short-term trend has been UP since Nov 18th, 2024 at 0.64865876
Smart Scan Analysis for BRLILS
Based on our trend formula, BRLILS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.64678897 | 0.64839947 | 0.64234786 | 0.64596374 | -0.00082500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.64678897 | 2024-11-21 07:05:38 |