Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Japanese Yen/Israeli Shekel (FOREX:JPYILS)
Crossroads (+60) - JPYILS 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 JPYILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for JPYILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for JPYILS
The long-term trend has been DOWN since Nov 9th, 2023 at 0.02533513
The intermediate-term trend has been UP since Dec 7th, 2023 at 0.02563803
The short-term trend has been UP since Dec 7th, 2023 at 0.02544503
Smart Scan Analysis for JPYILS
Based on our trend formula, JPYILS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).