Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Euro/Israeli Shekel (FOREX:EURILS)
Crossroads (+60) - EURILS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Feb 26th, 2021 at 4.01655
The intermediate-term trend has been DOWN since Mar 15th, 2021 at 3.94430
The short-term trend has been DOWN since Apr 19th, 2021 at 3.92295
Smart Scan Analysis for EURILS
Based on our trend formula, EURILS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).