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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.

FOREX_ILSJPY
Open High Low ILSJPY Price Change
31.792365 31.942382 31.777816 31.838560 +0.046195
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term up The long-term trend has been UP since Dec 1st, 2020 at 31.647160

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 31.295675

short term up 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).

+90
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.792365 31.942382 31.777816 31.838560 +0.046195
Prev. Close Volume Bid Ask Time
31.792365 2020-12-04 09:04:36
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