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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Canadian Dollar/Israeli Shekel (FOREX:CADILS)
Bear Market Rally (-75) - CADILS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADILS as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for CADILS
The long-term trend has been DOWN since Nov 16th, 2023 at 2.7277792
The intermediate-term trend has been UP since Apr 18th, 2024 at 2.7718695
The short-term trend has been DOWN since Apr 29th, 2024 at 2.7525947
Smart Scan Analysis for CADILS
Based on our trend formula, CADILS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.7082027 | 2.7198096 | 2.7004518 | 2.7075499 | -0.0006530 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.7082027 | 2024-05-01 04:41:25 |