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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Turkish Lira/Canadian Dollar (FOREX:TRYCAD)
Sidelines Mode (-55) - TRYCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for TRYCAD
The long-term trend has been DOWN since Apr 13th, 2023 at 0.069200
The intermediate-term trend has been DOWN since May 28th, 2024 at 0.042095
The short-term trend has been UP since Jul 19th, 2024 at 0.041475
Smart Scan Analysis for TRYCAD
Based on our trend formula, TRYCAD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.041760 | 0.042040 | 0.041705 | 0.041995 | +0.000235 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.041760 | 2024-07-26 16:59:56 |