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Forex Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Euro/Israeli Shekel (FOREX:EURILS)
Bull Market Weakness (+75) - EURILS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURILS as it may be in the beginning stages of a reversal.
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 UP since Nov 7th, 2022 at 3.5387
The intermediate-term trend has been DOWN since May 17th, 2023 at 3.9610
The short-term trend has been UP since May 22nd, 2023 at 3.9531
Smart Scan Analysis for EURILS
Based on our trend formula, EURILS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.02400 | 4.02400 | 3.98185 | 3.99235 | -0.03165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.02400 | 2023-05-29 10:38:46 |