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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Long-Term Uptrend (+90) - ILSJPY is in a strong uptrend that is likely to continue. While ILSJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_ILSJPY
Open High Low ILSJPY Price Change
42.903318 42.911743 42.897852 42.903318 0.000000
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term up The long-term trend has been UP since Nov 9th, 2023 at 39.479038

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 41.384699

short term up The short-term trend has been UP since May 20th, 2024 at 42.191263

Smart Scan Analysis for ILSJPY

Based on our trend formula, ILSJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.903318 42.911743 42.897852 42.903318 0.000000
Prev. Close Volume Bid Ask Time
42.903318 2024-05-25 11:07:52
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