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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Canadian Dollar/Turkish Lira (FOREX:CADTRY)

Long-Term Uptrend (+90) - CADTRY is in a strong uptrend that is likely to continue. While CADTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ?

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
4.5730700 4.5764200 4.5613454 4.5688600 -0.0042100
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long-term trend has been UP since Aug 25th, 2019 at 4.63360

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2019 at 4.37892

short term up The short-term trend has been UP since Feb 7th, 2020 at 4.52305

Smart Scan Analysis for CADTRY

Based on our trend formula, CADTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.5730700 4.5764200 4.5613454 4.5688600 -0.0042100
Prev. Close Volume Bid Ask Time
4.5730700 4.5653600 4.5723600 2020-02-17 17:19:35
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