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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Israeli Shekel (FOREX:EURILS)
Countertrend Down (-85) - EURILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for EURILS
The long-term trend has been DOWN since Dec 7th, 2023 at 3.98210
The intermediate-term trend has been DOWN since Jul 9th, 2024 at 3.97450
The short-term trend has been UP since Jul 25th, 2024 at 3.97495
Smart Scan Analysis for EURILS
Based on our trend formula, EURILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.98440 | 3.99715 | 3.96915 | 3.97155 | -0.01285 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.98440 | 2024-07-26 19:33:29 |