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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
2.80875 2.81185 2.80095 2.80275 -0.00600
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 up The intermediate term trend has been UP since Jun 29th, 2018 at 2.77745

short term down The short term trend has been DOWN since Aug 7th, 2018 at 2.83015

Smart Scan Analysis for CADILS

Based on a pre-defined weighted trend formula for chart analysis, CADILS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.80875 2.81185 2.80095 2.80275 -0.00600
Prev. Close Volume Bid Ask Time
2.80875 2.80160 2.80390 2018-08-16 11:39:59
Want to analyze Canadian Dollar/Israeli Shekel CADILS or another symbol? Try our Free Forex Trend Analysis Report.