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.
MarketClub’s Trade Triangles for CADTRY
The long-term trend has been UP since Aug 25th, 2019 at 4.633600
The intermediate-term trend has been DOWN since May 17th, 2020 at 4.889165
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).