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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Crossroads (+60) - ILSJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_ILSJPY
Open High Low ILSJPY Price Change
40.190814 40.190814 40.190814 40.190814 0.000000
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term down The long-term trend has been DOWN since Jul 31st, 2024 at 40.237772

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2024 at 39.508735

short term up The short-term trend has been UP since Oct 4th, 2024 at 38.882560

Smart Scan Analysis for ILSJPY

Based on our trend formula, ILSJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.190814 40.190814 40.190814 40.190814 0.000000
Prev. Close Volume Bid Ask Time
40.190814 2024-10-26 04:48:16
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