Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
Israeli Shekel/Japanese Yen (FOREX:ILSJPY)
Long-Term Uptrend (+90) - ILSJPY is in a strong uptrend that is likely to continue. While ILSJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ILSJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSJPY
The long-term trend has been UP since Dec 1st, 2020 at 31.647160
The intermediate-term trend has been UP since Nov 9th, 2020 at 31.295675
The short-term trend has been UP since Nov 23rd, 2020 at 31.126255
Smart Scan Analysis for ILSJPY
Based on our trend formula, ILSJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).