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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Euro/Israeli Shekel (FOREX:EURILS)

Countertrend Up (+85) - EURILS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
3.72905 3.73340 3.71235 3.71950 -0.00955
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term up The long-term trend has been UP since Nov 7th, 2022 at 3.53870

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2023 at 3.75375

short term down The short-term trend has been DOWN since Feb 2nd, 2023 at 3.72375

Smart Scan Analysis for EURILS

Based on our trend formula, EURILS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.72905 3.73340 3.71235 3.71950 -0.00955
Prev. Close Volume Bid Ask Time
3.72905 2023-02-07 13:06:11
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