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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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
3.99035 3.99105 3.97705 3.98695 -0.00340
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long-term trend has been DOWN since Dec 7th, 2023 at 3.9821

intermediate term up The intermediate-term trend has been UP since Jun 6th, 2024 at 4.0498

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 4.0348

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
3.99035 3.99105 3.97705 3.98695 -0.00340
Prev. Close Volume Bid Ask Time
3.99035 2024-06-18 08:10:48
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