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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_ILSJPY
Open High Low ILSJPY Price Change
30.488 30.579 30.482 30.562 +0.074
Entry Signal

MarketClub’s Trade Triangles for ILSJPY

long term down The long term trend has been DOWN since May 31st, 2019 at 29.9040

intermediate term up The intermediate term trend has been UP since Jun 30th, 2019 at 30.3905

short term up The short term trend has been UP since Jul 17th, 2019 at 30.5480

Smart Scan Analysis for ILSJPY

Based on a pre-defined weighted trend formula for chart analysis, ILSJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ILSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.488 30.579 30.482 30.562 +0.074
Prev. Close Volume Bid Ask Time
30.488 30.549 30.575 2019-07-17 11:03:49
Want to analyze Israeli Shekel/Japanese Yen ILSJPY or another symbol? Try our Free Forex Trend Analysis Report.