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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

Japanese Yen/Israeli Shekel (FOREX:JPYILS)

Sidelines Mode (-55) - JPYILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYILS?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYILS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYILS
Open High Low JPYILS Price Change
0.02743588 0.02751612 0.02733615 0.02742100 -0.00001500
Entry Signal

MarketClub’s Trade Triangles for JPYILS

long term down The long-term trend has been DOWN since Dec 1st, 2020 at 0.03159842

intermediate term down The intermediate-term trend has been DOWN since Dec 27th, 2021 at 0.02717575

short term up The short-term trend has been UP since Jan 19th, 2022 at 0.02739267

Smart Scan Analysis for JPYILS

Based on our trend formula, JPYILS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for JPYILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02743588 0.02751612 0.02733615 0.02742100 -0.00001500
Prev. Close Volume Bid Ask Time
0.02743588 2022-01-20 18:10:46
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