Forex Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
Canadian Dollar/Turkish Lira (FOREX:CADTRY)
Strong Uptrend (+100) - CADTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CADTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADTRY
The long-term trend has been UP since Oct 7th, 2021 at 7.072458
The intermediate-term trend has been UP since Jul 13th, 2022 at 13.467700
The short-term trend has been UP since Aug 10th, 2022 at 13.999345
Smart Scan Analysis for CADTRY
Based on our trend formula, CADTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).