Forex Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)
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.
MarketClub’s Trade Triangles for ILSCAD
The long term trend has been DOWN since Aug 1st, 2018 at 0.353095
The intermediate term trend has been UP since Dec 6th, 2018 at 0.359720
The short term trend has been UP since Dec 5th, 2018 at 0.356535
Smart Scan Analysis for ILSCAD
Based on a pre-defined weighted trend formula for chart analysis, ILSCAD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).