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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

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.

FOREX_BRLILS
Open High Low BRLILS Price Change
0.56797546 0.56851630 0.56608711 0.56688713 -0.00108800
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 down The intermediate-term trend has been DOWN since Dec 28th, 2020 at 0.61443121

short term down The short-term trend has been DOWN since Mar 8th, 2021 at 0.58119404

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).

-100
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.56797546 0.56851630 0.56608711 0.56688713 -0.00108800
Prev. Close Volume Bid Ask Time
0.56797546 2021-03-09 04:27:46
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