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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Japanese Yen/Israeli Shekel (FOREX:JPYILS)

Strong Downtrend (-100) - JPYILS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, JPYILS continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid JPYILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYILS
Open High Low JPYILS Price Change
0.02433632 0.02446506 0.02424510 0.02431935 -0.00001700
Entry Signal

MarketClub’s Trade Triangles for JPYILS

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 0.02533513

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.02416352

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 0.02428616

Smart Scan Analysis for JPYILS

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

-100
Smart Scan Analysis for JPYILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02433632 0.02446506 0.02424510 0.02431935 -0.00001700
Prev. Close Volume Bid Ask Time
0.02433632 2024-04-24 21:56:45
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