Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Turkish Lira/Canadian Dollar (FOREX:TRYCAD)
Weak Downtrend (-65) - TRYCAD is showing signs of a strengthening downtrend. Monitor TRYCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TRYCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYCAD
The long-term trend has been DOWN since Apr 13th, 2023 at 0.069200
The intermediate-term trend has been DOWN since Sep 13th, 2023 at 0.049590
The short-term trend has been UP since Sep 27th, 2023 at 0.049635
Smart Scan Analysis for TRYCAD
Based on our trend formula, TRYCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).