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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Israeli Shekel (FOREX:CADILS)
Countertrend Down (-85) - CADILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for CADILS
The long-term trend has been DOWN since Nov 16th, 2023 at 2.7277792
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 2.6967042
The short-term trend has been UP since Jul 25th, 2024 at 2.6578807
Smart Scan Analysis for CADILS
Based on our trend formula, CADILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.6535636 | 2.6662064 | 2.6407091 | 2.6445280 | -0.0090360 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6535636 | 2024-07-26 21:01:38 |