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Forex Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Strong Downtrend (-100) - CADILS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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
2.5416002 2.5746024 2.5375689 2.5556945 +0.0140940
Entry Signal

MarketClub’s Trade Triangles for CADILS

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 2.5448094

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 2.5448094

short term down The short-term trend has been DOWN since Apr 6th, 2020 at 2.5432205

Smart Scan Analysis for CADILS

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

-100
Smart Scan Analysis for CADILS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5416002 2.5746024 2.5375689 2.5556945 +0.0140940
Prev. Close Volume Bid Ask Time
2.5416002 2.5546224 2.5567666 2020-04-07 16:35:51
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