Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Canadian Dollar/Israeli Shekel (FOREX:CADILS)
Long-Term Uptrend (+90) - CADILS is in a strong uptrend that is likely to continue. While CADILS is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CADILS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADILS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADILS
The long-term trend has been UP since Feb 11th, 2022 at 2.5506962
The intermediate-term trend has been UP since Apr 25th, 2022 at 2.5947700
The short-term trend has been UP since Jun 28th, 2022 at 2.6603134
Smart Scan Analysis for CADILS
Based on our trend formula, CADILS is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).