Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
Israeli Shekel/Japanese Yen (FOREX:ILSJPY)
Weak Downtrend (-65) - ILSJPY is showing signs of a strengthening downtrend. Monitor ILSJPY as it may be building momentum to the downside.
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 DOWN since Dec 1st, 2022 at 39.535837
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 36.464090
The short-term trend has been UP since Mar 28th, 2023 at 37.077320
Smart Scan Analysis for ILSJPY
Based on our trend formula, ILSJPY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).