Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Canadian Dollar/Turkish Lira (FOREX:CADTRY)
Strong Uptrend (+100) - CADTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 7th, 2021 at 7.072458
The intermediate-term trend has been UP since Sep 16th, 2021 at 6.705925
The short-term trend has been UP since Oct 4th, 2021 at 7.035455
Smart Scan Analysis for CADTRY
Based on our trend formula, CADTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).