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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Canadian Dollar/Turkish Lira (FOREX:CADTRY)

Bull Market Weakness (+75) - CADTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADTRY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CADTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADTRY
Open High Low CADTRY Price Change
24.487736 24.487736 23.634510 23.643165 -0.844571
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long-term trend has been UP since Apr 12th, 2023 at 14.444070

intermediate term up The intermediate-term trend has been UP since Feb 21st, 2024 at 23.023480

short term up The short-term trend has been UP since Apr 17th, 2024 at 23.718085

Smart Scan Analysis for CADTRY

Based on our trend formula, CADTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.487736 24.487736 23.634510 23.643165 -0.844571
Prev. Close Volume Bid Ask Time
24.487736 2024-04-19 02:16:06
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