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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_CADILS
Open High Low CADILS Price Change
2.81655 2.82240 2.81110 2.82080 +0.00425
Entry Signal

MarketClub’s Trade Triangles for CADILS

long term up The long term trend has been UP since Aug 1st, 2018 at 2.83205

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 2.77995

short term up The short term trend has been UP since Dec 12th, 2018 at 2.80710

Smart Scan Analysis for CADILS

Based on a pre-defined weighted trend formula for chart analysis, CADILS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.81655 2.82240 2.81110 2.82080 +0.00425
Prev. Close Volume Bid Ask Time
2.81655 2.81970 2.82190 2018-12-14 15:18:04
Want to analyze Canadian Dollar/Israeli Shekel CADILS or another symbol? Try our Free Forex Trend Analysis Report.