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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Turkish Lira/Canadian Dollar (FOREX:TRYCAD)
Crossroads (+60) - TRYCAD 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 TRYCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TRYCAD
The long-term trend has been DOWN since Apr 13th, 2023 at 0.069200
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.042640
The short-term trend has been UP since Apr 29th, 2024 at 0.042195
Smart Scan Analysis for TRYCAD
Based on our trend formula, TRYCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.042510 | 0.042675 | 0.042370 | 0.042440 | -0.000070 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.042510 | 2024-05-09 13:39:17 |