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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.

FOREX_CADTRY
Open High Low CADTRY Price Change
14.072632 14.129441 14.017755 14.032037 -0.040595
Entry Signal

MarketClub’s Trade Triangles for CADTRY

long term up The long-term trend has been UP since Oct 7th, 2021 at 7.072458

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2022 at 13.467700

short term up 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).

+100
Smart Scan Analysis for CADTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.072632 14.129441 14.017755 14.032037 -0.040595
Prev. Close Volume Bid Ask Time
14.072632 2022-08-12 23:15:19
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