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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Turkish Lira/Canadian Dollar (FOREX:TRYCAD)
Long-Term Downtrend (-90) - TRYCAD is in a strong downtrend that is likely to continue. While TRYCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TRYCAD
The long-term trend has been DOWN since Apr 13th, 2023 at 0.06920
The intermediate-term trend has been DOWN since Feb 21st, 2024 at 0.04343
The short-term trend has been DOWN since Apr 18th, 2024 at 0.04228
Smart Scan Analysis for TRYCAD
Based on our trend formula, TRYCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.042035 | 0.042195 | 0.041985 | 0.042165 | +0.000130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.042035 | 2024-04-25 10:51:29 |