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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.

FOREX_EURILS
Open High Low EURILS Price Change
3.95565 4.00465 3.95565 3.99965 +0.04400
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term up The long-term trend has been UP since Feb 26th, 2021 at 4.01655

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2021 at 3.94430

short term down 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).

+60
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.95565 4.00465 3.95565 3.99965 +0.04400
Prev. Close Volume Bid Ask Time
3.95565 2021-05-11 15:22:37
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