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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Turkish Lira/Canadian Dollar (FOREX:TRYCAD)
Countertrend Up (+85) - TRYCAD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 18th, 2024 at 0.040975
The intermediate-term trend has been UP since Oct 10th, 2024 at 0.040225
The short-term trend has been DOWN since Dec 25th, 2024 at 0.040745
Smart Scan Analysis for TRYCAD
Based on our trend formula, TRYCAD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.040725 | 0.040870 | 0.040705 | 0.040855 | +0.000130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.040725 | 2024-12-26 07:08:08 |