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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Euro/Israeli Shekel (FOREX:EURILS)

Countertrend Down (-85) - EURILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
3.71810 3.72255 3.70885 3.70885 -0.00925
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long-term trend has been DOWN since Jun 18th, 2021 at 3.88875

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 3.77445

short term up The short-term trend has been UP since Oct 25th, 2021 at 3.74275

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
3.71810 3.72255 3.70885 3.70885 -0.00925
Prev. Close Volume Bid Ask Time
3.71810 2021-10-26 14:24:37
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