Forex Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
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 Mar 1st, 2020 at 30.784385
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 31.413125
The short-term trend has been UP since Apr 6th, 2020 at 29.980482
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).