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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Israeli Shekel/Japanese Yen (FOREX:ILSJPY)

Crossroads (-60) - ILSJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
41.950781 42.267511 41.711619 42.038428 +0.087647
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 down The intermediate-term trend has been DOWN since Jul 24th, 2024 at 42.649218

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 42.829527

Smart Scan Analysis for ILSJPY

Based on our trend formula, ILSJPY is rated as a -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
41.950781 42.267511 41.711619 42.038428 +0.087647
Prev. Close Volume Bid Ask Time
41.950781 2024-07-26 19:27:33
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