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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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
2.6817490 2.6837266 2.6788379 2.6817623 +0.0000130
Entry Signal

MarketClub’s Trade Triangles for CADILS

long term down The long-term trend has been DOWN since Nov 14th, 2024 at 2.6577601

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2024 at 2.7268079

short term up The short-term trend has been UP since Nov 19th, 2024 at 2.6695976

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
2.6817490 2.6837266 2.6788379 2.6817623 +0.0000130
Prev. Close Volume Bid Ask Time
2.6817490 2024-11-20 03:28:37
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