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Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
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.
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MarketClub’s Trade Triangles for JPYILS
The long-term trend has been DOWN since Nov 9th, 2023 at 0.02533513
The intermediate-term trend has been DOWN since Nov 5th, 2023 at 0.02624677
The short-term trend has been UP since Nov 30th, 2023 at 0.02521451
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02534805 | 0.02542774 | 0.02516782 | 0.02530923 | -0.00003900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02534805 | 2023-12-04 18:04:45 |