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Forex Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
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.
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MarketClub’s Trade Triangles for CADTRY
The long-term trend has been UP since Oct 7th, 2021 at 7.072458
The intermediate-term trend has been UP since Jul 13th, 2022 at 13.467700
The short-term trend has been DOWN since Aug 18th, 2022 at 13.875079
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.882875 | 14.068525 | 13.874000 | 13.956495 | +0.073620 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.882875 | 2022-08-18 22:44:24 |