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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Canadian Dollar/Israeli Shekel (FOREX:CADILS)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADILS
Open High Low CADILS Price Change
2.7310 2.7310 2.7310 2.7310 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADILS

long term down The long term trend has been DOWN since Dec 25th, 2018 at 2.70945

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 2.77995

short term down The short term trend has been DOWN since Feb 15th, 2019 at 2.74020

Smart Scan Analysis for CADILS

Based on a pre-defined weighted trend formula for chart analysis, CADILS scored -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
2.7310 2.7310 2.7310 2.7310 0.0000
Prev. Close Volume Bid Ask Time
2.7310 2.7299 2.7321 2019-02-17 01:36:59
Want to analyze Canadian Dollar/Israeli Shekel CADILS or another symbol? Try our Free Forex Trend Analysis Report.