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.
MarketClub’s Trade Triangles for CADTRY
The long-term trend has been UP since Aug 25th, 2019 at 4.633600
The intermediate-term trend has been DOWN since Nov 12th, 2020 at 5.914810
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).