Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

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
0.7558664 0.7561834 0.7491111 0.7519466 -0.0039200
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term up The long-term trend has been UP since Oct 16th, 2023 at 0.7893946

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2023 at 0.7827493

short term down The short-term trend has been DOWN since Nov 15th, 2023 at 0.7787845

Smart Scan Analysis for BRLILS

Based on our trend formula, BRLILS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7558664 0.7561834 0.7491111 0.7519466 -0.0039200
Prev. Close Volume Bid Ask Time
0.7558664 2023-11-29 15:53:46
Get a free daily analysis and signals for Brazilian Real/Israeli Shekel (BRLILS) - Request Your Free Report.