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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Sidelines Mode (+55) - CADILS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_CADILS
Open High Low CADILS Price Change
2.5976843 2.6043422 2.5965999 2.6018621 +0.0041780
Entry Signal

MarketClub’s Trade Triangles for CADILS

long term down The long-term trend has been DOWN since Aug 2nd, 2021 at 2.5765446

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 2.5534832

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 2.5960878

Smart Scan Analysis for CADILS

Based on our trend formula, CADILS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5976843 2.6043422 2.5965999 2.6018621 +0.0041780
Prev. Close Volume Bid Ask Time
2.5976843 2021-10-22 06:51:33
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