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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
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 Feb 3rd, 2025 at 0.040100
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 0.040100
The short-term trend has been DOWN since Feb 19th, 2025 at 0.039065
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 |
|---|---|---|---|---|
| 0.038940 | 0.039070 | 0.038865 | 0.039055 | +0.000115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.038940 | 2025-02-21 17:03:11 |