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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Brazilian Real/Israeli Shekel (FOREX:BRLILS)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
0.842310 0.849290 0.842015 0.848460 +0.006150
Entry Signal

MarketClub’s Trade Triangles for BRLILS

long term down The long term trend has been DOWN since Aug 12th, 2019 at 0.868855

intermediate term down The intermediate term trend has been DOWN since Jul 30th, 2019 at 0.926610

short term down The short term trend has been DOWN since Sep 18th, 2019 at 0.860810

Smart Scan Analysis for BRLILS

Based on a pre-defined weighted trend formula for chart analysis, BRLILS scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BRLILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.842310 0.849290 0.842015 0.848460 +0.006150
Prev. Close Volume Bid Ask Time
0.842310 0.848020 0.848900 2019-09-20 17:41:55
Want to analyze Brazilian Real/Israeli Shekel BRLILS or another symbol? Try our Free Forex Trend Analysis Report.