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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Weak Downtrend (-65) - TRYCAD is showing signs of a strengthening downtrend. Monitor TRYCAD as it may be building momentum to the downside.

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
0.049790 0.049925 0.049530 0.049855 +0.000065
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term down The long-term trend has been DOWN since Apr 13th, 2023 at 0.069200

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2023 at 0.049590

short term up The short-term trend has been UP since Sep 27th, 2023 at 0.049635

Smart Scan Analysis for TRYCAD

Based on our trend formula, TRYCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.049790 0.049925 0.049530 0.049855 +0.000065
Prev. Close Volume Bid Ask Time
0.049790 2023-10-03 07:41:11
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