Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Israeli Shekel/Japanese Yen (FOREX:ILSJPY)
Bull Market Weakness (+75) - ILSJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ILSJPY as it may be in the beginning stages of a reversal.
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 Nov 9th, 2023 at 39.479038
The intermediate-term trend has been UP since Nov 7th, 2023 at 38.777627
The short-term trend has been DOWN since Nov 30th, 2023 at 39.659726
Smart Scan Analysis for ILSJPY
Based on our trend formula, ILSJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).