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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2024.

Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)

Countertrend Up (+85) - ILSCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.39508951 0.39784011 0.39390370 0.39759538 +0.00250600
Entry Signal

MarketClub’s Trade Triangles for ILSCAD

long term up The long-term trend has been UP since Nov 14th, 2024 at 0.37620308

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2024 at 0.36672919

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 0.39438490

Smart Scan Analysis for ILSCAD

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

+85
Smart Scan Analysis for ILSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39508951 0.39784011 0.39390370 0.39759538 +0.00250600
Prev. Close Volume Bid Ask Time
0.39508951 2024-12-12 11:26:20
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