Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)
Sidelines Mode (+55) - ILSCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ILSCAD
The long-term trend has been UP since Aug 2nd, 2021 at 0.38811679
The intermediate-term trend has been UP since Nov 1st, 2021 at 0.39305848
The short-term trend has been DOWN since Nov 23rd, 2021 at 0.40764192
Smart Scan Analysis for ILSCAD
Based on our trend formula, ILSCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).