Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.229705 0.230695 0.229405 0.230115 +0.000410
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 up The intermediate term trend has been UP since Nov 4th, 2019 at 0.231190

short term up The short term trend has been UP since Nov 13th, 2019 at 0.229900

Smart Scan Analysis for TRYCAD

Based on a pre-defined weighted trend formula for chart analysis, TRYCAD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.229705 0.230695 0.229405 0.230115 +0.000410
Prev. Close Volume Bid Ask Time
0.229705 0.229800 0.230430 2019-11-15 16:59:52
Want to analyze Turkish Lira/Canadian Dollar TRYCAD or another symbol? Try our Free Forex Trend Analysis Report.