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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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.

FOREX_ILSCAD
Open High Low ILSCAD Price Change
0.36930329 0.36930329 0.36930329 0.36930329 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ILSCAD

long term up The long-term trend has been UP since Nov 16th, 2023 at 0.36659869

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2024 at 0.36556913

short term up The short-term trend has been UP since Jun 11th, 2024 at 0.36816268

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).

-55
Smart Scan Analysis for ILSCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36930329 0.36930329 0.36930329 0.36930329 0.00000000
Prev. Close Volume Bid Ask Time
0.36930329 2024-06-16 14:12:39
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