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Forex Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

Canadian Dollar/Turkish Lira (FOREX:CADTRY)

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

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.

FOREX_CADTRY
Open High Low CADTRY Price Change
6.0303052 6.0303052 6.0303052 6.0303052 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long-term trend has been UP since Aug 25th, 2019 at 4.633600

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2020 at 5.914810

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 6.016845

Smart Scan Analysis for CADTRY

Based on our trend formula, CADTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.0303052 6.0303052 6.0303052 6.0303052 0.0000000
Prev. Close Volume Bid Ask Time
6.0303052 2020-11-28 08:45:30
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