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.
MarketClub’s Trade Triangles for TRYCAD
The long-term trend has been DOWN since Oct 7th, 2021 at 0.141585
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.149135
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).