Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2020.

Euro/Israeli Shekel (FOREX:EURILS)

Long-Term Downtrend (-90) - EURILS is in a strong downtrend that is likely to continue. While EURILS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_EURILS
Open High Low EURILS Price Change
3.69975 3.71075 3.69445 3.70715 +0.00740
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 17th, 2020 at 3.83625

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 3.70505

Smart Scan Analysis for EURILS

Based on our trend formula, EURILS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.69975 3.71075 3.69445 3.70715 +0.00740
Prev. Close Volume Bid Ask Time
3.70715 3.70310 3.71120 2020-02-21 23:10:12
Get a free daily analysis and signals for Euro/Israeli Shekel (EURILS) - Request Your Free Report.