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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.

FOREX_ILSJPY
Open High Low ILSJPY Price Change
36.011956 36.023957 35.217657 35.823946 -0.188010
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 39.535837

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 36.464090

short term down 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).

-100
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.011956 36.023957 35.217657 35.823946 -0.188010
Prev. Close Volume Bid Ask Time
36.011956 2023-03-20 19:15:11
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