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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Euro/Israeli Shekel (FOREX:EURILS)

Weak Downtrend (-65) - EURILS is showing signs of a strengthening downtrend. Monitor EURILS as it may be building momentum to the downside.

Is it time to buy, sell, or avoid EURILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURILS
Open High Low EURILS Price Change
3.97235 3.97855 3.95525 3.97025 -0.00210
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 3.95020

intermediate term down The intermediate-term trend has been DOWN since Oct 7th, 2020 at 4.00965

short term up The short-term trend has been UP since Dec 2nd, 2020 at 3.97365

Smart Scan Analysis for EURILS

Based on our trend formula, EURILS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.97235 3.97855 3.95525 3.97025 -0.00210
Prev. Close Volume Bid Ask Time
3.97235 2020-12-04 09:21:23
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