Forex Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Israeli Shekel/Jordanian Dinar (FOREX:ILSJOD)
Long-Term Downtrend (-90) - ILSJOD is in a strong downtrend that is likely to continue. While ILSJOD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ILSJOD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSJOD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSJOD
The long-term trend has been DOWN since Feb 21st, 2023 at 0.19815561
The intermediate-term trend has been DOWN since Jul 27th, 2023 at 0.19029361
The short-term trend has been DOWN since Sep 26th, 2023 at 0.18554606
Smart Scan Analysis for ILSJOD
Based on our trend formula, ILSJOD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).