Forex Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
Israeli Shekel/Euro (FOREX:ILSEUR)
Bear Market Rally (-75) - ILSEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ILSEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ILSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSEUR
The long-term trend has been DOWN since Mar 6th, 2020 at 0.25608878
The intermediate-term trend has been UP since Jun 25th, 2020 at 0.25921203
The short-term trend has been DOWN since Jul 6th, 2020 at 0.25661780
Smart Scan Analysis for ILSEUR
Based on our trend formula, ILSEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).