Free Daily Analysis

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.

FOREX_CADTRY
Open High Low CADTRY Price Change
5.882025 5.926065 5.799375 5.819470 -0.062555
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term down The long-term trend has been DOWN since Jan 7th, 2021 at 5.7085900

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2021 at 5.7291861

short term up 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).

+60
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.882025 5.926065 5.799375 5.819470 -0.062555
Prev. Close Volume Bid Ask Time
5.882025 2021-02-26 05:35:53
Get a free daily analysis and signals for Canadian Dollar/Turkish Lira (CADTRY) - Request Your Free Report.