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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
Canadian Dollar/Turkish Lira (FOREX:CADTRY)
Bear Market Rally (-75) - CADTRY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CADTRY as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for CADTRY
The long-term trend has been DOWN since Dec 15th, 2024 at 24.401125
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 24.426330
The short-term trend has been UP since Dec 20th, 2024 at 24.538425
Smart Scan Analysis for CADTRY
Based on our trend formula, CADTRY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.424138 | 24.484507 | 24.380896 | 24.446327 | +0.022189 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.424138 | 2024-12-22 13:59:51 |