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.
MarketClub’s Trade Triangles for CADTRY
The long-term trend has been UP since Aug 25th, 2019 at 4.63360
The intermediate-term trend has been UP since Dec 9th, 2019 at 4.37892
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).