Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
Israeli Shekel/Canadian Dollar (FOREX:ILSCAD)
Crossroads (+60) - ILSCAD is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Feb 24th, 2021 at 0.38398117
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.38284082
The short-term trend has been UP since Apr 19th, 2021 at 0.38288861
Smart Scan Analysis for ILSCAD
Based on our trend formula, ILSCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).