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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

Brazilian Real/Israeli Shekel (FOREX:BRLILS)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_BRLILS
Open High Low BRLILS Price Change
0.96908 0.96990 0.96788 0.96861 -0.00047
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term up The long term trend has been UP since Oct 25th, 2018 at 1.00155

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 0.96422

short term down The short term trend has been DOWN since Feb 14th, 2019 at 0.96667

Smart Scan Analysis for BRLILS

Based on a pre-defined weighted trend formula for chart analysis, BRLILS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.96908 0.96990 0.96788 0.96861 -0.00047
Prev. Close Volume Bid Ask Time
0.96908 0.96814 0.96908 2019-02-21 04:14:22
Want to analyze Brazilian Real/Israeli Shekel BRLILS or another symbol? Try our Free Forex Trend Analysis Report.