Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Canadian Dollar/Turkish Lira (FOREX:CADTRY)
Crossroads (+60) - CADTRY is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for CADTRY
The long-term trend has been DOWN since Jan 7th, 2021 at 5.7085900
The intermediate-term trend has been UP since Feb 24th, 2021 at 5.7291861
The short-term trend has been UP since Feb 22nd, 2021 at 5.5495250
Smart Scan Analysis for CADTRY
Based on our trend formula, CADTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).