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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canadian Dollar/Turkish Lira (FOREX:CADTRY)
Countertrend Up (+85) - CADTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for CADTRY
The long-term trend has been UP since Apr 12th, 2023 at 14.444070
The intermediate-term trend has been UP since Jun 4th, 2024 at 23.809907
The short-term trend has been UP since Jul 26th, 2024 at 24.010165
Smart Scan Analysis for CADTRY
Based on our trend formula, CADTRY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.948400 | 24.017763 | 23.790400 | 23.855568 | -0.092832 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.948400 | 2024-07-26 20:43:15 |