Forex Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)
Strong Uptrend (+100) - ILSCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ILSCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ILSCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ILSCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ILSCAD
The long-term trend has been UP since Aug 5th, 2022 at 0.38553335
The intermediate-term trend has been UP since Jul 29th, 2022 at 0.37831079
The short-term trend has been UP since Jul 29th, 2022 at 0.37729032
Smart Scan Analysis for ILSCAD
Based on our trend formula, ILSCAD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).