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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Countertrend Down (-85) - CADILS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
2.5437805 2.5437805 2.5409489 2.5437805 0.0000000
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 Dec 20th, 2024 at 2.5433662

Smart Scan Analysis for CADILS

Based on our trend formula, CADILS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5437805 2.5437805 2.5409489 2.5437805 0.0000000
Prev. Close Volume Bid Ask Time
2.5437805 2024-12-21 07:04:28
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