Forex Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
Japanese Yen/Israeli Shekel (FOREX:JPYILS)
Long-Term Uptrend (+90) - JPYILS is in a strong uptrend that is likely to continue. While JPYILS 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 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 UP since Dec 1st, 2022 at 0.02529352
The intermediate-term trend has been UP since Mar 15th, 2023 at 0.02742425
The short-term trend has been UP since Mar 24th, 2023 at 0.02796387
Smart Scan Analysis for JPYILS
Based on our trend formula, JPYILS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).