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.
MarketClub’s Trade Triangles for CADILS
The long-term trend has been DOWN since Aug 2nd, 2021 at 2.5765446
The intermediate-term trend has been UP since Oct 4th, 2021 at 2.5534832
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).