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Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Canadian Dollar/Turkish Lira (FOREX:CADTRY)

Sidelines Mode (+55) - CADTRY 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 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
23.494919 23.494919 23.494919 23.494919 0.000000
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 down The short-term trend has been DOWN since Apr 11th, 2024 at 23.484205

Smart Scan Analysis for CADTRY

Based on our trend formula, CADTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.494919 23.494919 23.494919 23.494919 0.000000
Prev. Close Volume Bid Ask Time
23.494919 2024-04-14 01:22:01
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