Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Israeli Shekel/Japanese Yen (FOREX:ILSJPY)
Strong Downtrend (-100) - ILSJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ILSJPY continues to fall. Traders should use caution and set stops.
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 DOWN since Dec 1st, 2022 at 39.535837
The intermediate-term trend has been DOWN since Mar 15th, 2023 at 36.464090
The short-term trend has been DOWN since Mar 10th, 2023 at 37.657256
Smart Scan Analysis for ILSJPY
Based on our trend formula, ILSJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).