Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

Canadian Dollar/Turkish Lira (FOREX:CADTRY)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADTRY
Open High Low CADTRY Price Change
4.501485 4.511200 4.488045 4.506405 +0.004920
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long term trend has been UP since Aug 25th, 2019 at 4.6336000

intermediate term up The intermediate term trend has been UP since Dec 9th, 2019 at 4.3789200

short term down The short term trend has been DOWN since Jan 22nd, 2020 at 4.5053745

Smart Scan Analysis for CADTRY

Based on a pre-defined weighted trend formula for chart analysis, CADTRY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.501485 4.511200 4.488045 4.506405 +0.004920
Prev. Close Volume Bid Ask Time
4.501485 4.504770 4.508040 2020-01-23 08:58:42
Get a free daily report for Canadian Dollar/Turkish Lira (CADTRY) - Free Trend Analysis Report.