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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Euro/Israeli Shekel (FOREX:EURILS)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_EURILS
Open High Low EURILS Price Change
3.88440 3.89015 3.87645 3.87930 -0.00510
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long term trend has been DOWN since Feb 4th, 2019 at 4.13075

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 3.88325

short term down The short term trend has been DOWN since Sep 19th, 2019 at 3.89535

Smart Scan Analysis for EURILS

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

-100
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.88440 3.89015 3.87645 3.87930 -0.00510
Prev. Close Volume Bid Ask Time
3.8844 3.87530 3.88330 2019-09-20 12:02:22
Want to analyze Euro/Israeli Shekel EURILS or another symbol? Try our Free Forex Trend Analysis Report.