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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

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.

FOREX_EURILS
Open High Low EURILS Price Change
3.99385 4.03835 3.96400 4.02950 +0.03565
Entry Signal

MarketClub’s Trade Triangles for EURILS

long term down The long-term trend has been DOWN since Dec 7th, 2023 at 3.9821

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 3.9915

short term up The short-term trend has been UP since Apr 17th, 2024 at 4.0204

Smart Scan Analysis for EURILS

Based on our trend formula, EURILS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.99385 4.03835 3.96400 4.02950 +0.03565
Prev. Close Volume Bid Ask Time
3.99385 2024-04-17 20:37:54
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