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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Strong Downtrend (-100) - TRYCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.

FOREX_TRYCAD
Open High Low TRYCAD Price Change
0.134420 0.134570 0.133315 0.133365 -0.001055
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term down The long-term trend has been DOWN since Oct 7th, 2021 at 0.141585

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.149135

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.142145

Smart Scan Analysis for TRYCAD

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

-100
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134420 0.134570 0.133315 0.133365 -0.001055
Prev. Close Volume Bid Ask Time
0.134420 2021-10-15 17:01:16
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