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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
2.80705 2.81015 2.80635 2.80885 +0.00180
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 Sep 28th, 2018 at 2.77830

short term up The short term trend has been UP since Oct 24th, 2018 at 2.80875

Smart Scan Analysis for CADILS

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

+100
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.80705 2.81015 2.80635 2.80885 +0.00180
Prev. Close Volume Bid Ask Time
2.80705 2.80770 2.81000 2018-10-24 01:58:29
Want to analyze Canadian Dollar/Israeli Shekel CADILS or another symbol? Try our Free Forex Trend Analysis Report.