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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)

Sidelines Mode (+50) - ILSCAD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ILSCAD can gain 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.

FOREX_ILSCAD
Open High Low ILSCAD Price Change
0.37447566 0.37518416 0.37440323 0.37490819 +0.00043300
Entry Signal

MarketClub’s Trade Triangles for ILSCAD

long term down The long-term trend has been DOWN since Feb 10th, 2023 at 0.37841139

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2023 at 0.38188420

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.37560866

Smart Scan Analysis for ILSCAD

Based on our trend formula, ILSCAD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ILSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37447566 0.37518416 0.37440323 0.37490819 +0.00043300
Prev. Close Volume Bid Ask Time
0.37447566 2023-03-22 02:25:20
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