Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Japanese Yen/Israeli Shekel (FOREX:JPYILS)
Strong Downtrend (-100) - JPYILS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for JPYILS
The long-term trend has been DOWN since Dec 1st, 2020 at 0.03159842
The intermediate-term trend has been DOWN since Aug 2nd, 2021 at 0.02938539
The short-term trend has been DOWN since Oct 7th, 2021 at 0.02890737
Smart Scan Analysis for JPYILS
Based on our trend formula, JPYILS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).