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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_TRYCAD
Open High Low TRYCAD Price Change
0.24876 0.24889 0.24744 0.24760 -0.00116
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term up The long term trend has been UP since Dec 28th, 2018 at 0.258730

intermediate term down The intermediate term trend has been DOWN since Feb 20th, 2019 at 0.247435

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.249415

Smart Scan Analysis for TRYCAD

Based on a pre-defined weighted trend formula for chart analysis, TRYCAD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24876 0.24889 0.24744 0.24760 -0.00116
Prev. Close Volume Bid Ask Time
0.24876 0.24750 0.24770 2019-02-22 12:01:03
Want to analyze Turkish Lira/Canadian Dollar TRYCAD or another symbol? Try our Free Forex Trend Analysis Report.