Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Euro/Israeli Shekel (FOREX:EURILS)
Bull Market Weakness (+75) - EURILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURILS as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURILS
The long-term trend has been UP since Mar 6th, 2020 at 3.90490
The intermediate-term trend has been UP since Feb 28th, 2020 at 3.82690
The short-term trend has been UP since Apr 2nd, 2020 at 3.98025
Smart Scan Analysis for EURILS
Based on our trend formula, EURILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).