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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Crossroads (-60) - TRYCAD 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 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.

FOREX_TRYCAD
Open High Low TRYCAD Price Change
0.170000 0.172470 0.168755 0.172040 +0.002040
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term up The long-term trend has been UP since Jan 7th, 2021 at 0.175175

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 0.174740

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.180210

Smart Scan Analysis for TRYCAD

Based on our trend formula, TRYCAD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.170000 0.172470 0.168755 0.172040 +0.002040
Prev. Close Volume Bid Ask Time
0.170000 2021-02-26 05:35:16
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