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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

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
0.074785 0.078365 0.074285 0.076210 +0.001425
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 up The intermediate-term trend has been UP since Jun 24th, 2022 at 0.078225

short term up The short-term trend has been UP since Jun 24th, 2022 at 0.075645

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
0.074785 0.078365 0.074285 0.076210 +0.001425
Prev. Close Volume Bid Ask Time
0.074785 2022-06-24 17:03:08
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