Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 22, 2019.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_TRYCAD
Open High Low TRYCAD Price Change
0.23089 0.23095 0.23088 0.23095 +0.00006
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term down The long term trend has been DOWN since Aug 25th, 2019 at 0.215845

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2019 at 0.232265

short term down The short term trend has been DOWN since Sep 20th, 2019 at 0.230870

Smart Scan Analysis for TRYCAD

Based on a pre-defined weighted trend formula for chart analysis, TRYCAD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23089 0.23095 0.23088 0.23095 +0.00006
Prev. Close Volume Bid Ask Time
0.23089 0.23065 0.23125 2019-09-22 16:59:56
Want to analyze Turkish Lira/Canadian Dollar TRYCAD or another symbol? Try our Free Forex Trend Analysis Report.