Forex Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
Euro/Turkish Lira (FOREX:EURTRY)
Weak Downtrend (-65) - EURTRY is showing signs of a strengthening downtrend. Monitor EURTRY as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTRY.
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 EURTRY
The long-term trend has been UP since Oct 12th, 2021 at 10.444390
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 34.371985
The short-term trend has been DOWN since May 5th, 2024 at 34.516955
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
34.75696 | 34.82450 | 34.68078 | 34.69521 | -0.06175 |
Prev. Close | Volume | Bid | Ask | Time |
34.75696 | 2024-05-07 18:28:55 |