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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.
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MarketClub’s Trade Triangles for EURILS
The long-term trend has been UP since Nov 7th, 2022 at 3.53870
The intermediate-term trend has been UP since Jan 30th, 2023 at 3.75375
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).
| 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 |