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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Euro/Israeli Shekel (FOREX:EURILS)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_EURILS
Open High Low EURILS Price Change
4.09615 4.09615 4.09570 4.09570 -0.00045
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 Jan 3rd, 2019 at 4.24260

short term up The short term trend has been UP since Feb 20th, 2019 at 4.10870

Smart Scan Analysis for EURILS

Based on a pre-defined weighted trend formula for chart analysis, EURILS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.09615 4.09615 4.09570 4.09570 -0.00045
Prev. Close Volume Bid Ask Time
4.09615 3.89570 4.29570 2019-02-23 07:39:29
Want to analyze Euro/Israeli Shekel EURILS or another symbol? Try our Free Forex Trend Analysis Report.