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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

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.

FOREX_CADTRY
Open High Low CADTRY Price Change
13.882875 14.068525 13.874000 13.956495 +0.073620
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long-term trend has been UP since Oct 7th, 2021 at 7.072458

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2022 at 13.467700

short term down The short-term trend has been DOWN since Aug 18th, 2022 at 13.875079

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).

+75
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.882875 14.068525 13.874000 13.956495 +0.073620
Prev. Close Volume Bid Ask Time
13.882875 2022-08-18 22:44:24
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