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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Crossroads (+60) - CADILS is struggling to move into a solid trend. Beware of choppy markets 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
2.5770922 2.5835059 2.5757157 2.5789501 +0.0018580
Entry Signal

MarketClub’s Trade Triangles for CADILS

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 2.5448094

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 2.5266437

short term up The short-term trend has been UP since May 26th, 2020 at 2.5309554

Smart Scan Analysis for CADILS

Based on our trend formula, CADILS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5770922 2.5835059 2.5757157 2.5789501 +0.0018580
Prev. Close Volume Bid Ask Time
2.5770922 2.5778396 2.5800606 2020-06-02 05:40:23
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