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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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
5.025350 5.043520 5.018290 5.034565 +0.009215
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long-term trend has been UP since Aug 25th, 2019 at 4.633600

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2020 at 4.889165

short term up The short-term trend has been UP since May 27th, 2020 at 4.903650

Smart Scan Analysis for CADTRY

Based on our trend formula, CADTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.025350 5.043520 5.018290 5.034565 +0.009215
Prev. Close Volume Bid Ask Time
5.025350 5.033110 5.036020 2020-06-02 05:31:26
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