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Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

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
0.66898940 0.68589060 0.66894832 0.68550480 +0.01651500
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term up The long-term trend has been UP since Oct 3rd, 2022 at 0.6859589

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 0.6851517

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 0.6933638

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
0.66898940 0.68589060 0.66894832 0.68550480 +0.01651500
Prev. Close Volume Bid Ask Time
0.66898940 2023-03-24 17:23:05
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