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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_ILSCAD
Open High Low ILSCAD Price Change
0.356260 0.356735 0.355725 0.355875 -0.000385
Entry Signal

MarketClub’s Trade Triangles for ILSCAD

long term down The long term trend has been DOWN since Aug 1st, 2018 at 0.353095

intermediate term down The intermediate term trend has been DOWN since Jun 29th, 2018 at 0.360105

short term up The short term trend has been UP since Aug 8th, 2018 at 0.354765

Smart Scan Analysis for ILSCAD

Based on a pre-defined weighted trend formula for chart analysis, ILSCAD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ILSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.356260 0.356735 0.355725 0.355875 -0.000385
Prev. Close Volume Bid Ask Time
0.356260 0.355730 0.356020 2018-08-20 06:24:03
Want to analyze Israeli Shekel/Canadian Dollar ILSCAD or another symbol? Try our Free Forex Trend Analysis Report.