Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Turkish Lira (FOREX:GBPTRY)
Weak Uptrend (+65) - GBPTRY is showing signs of weakening momentum to the upside. Monitor GBPTRY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPTRY
The long-term trend has been UP since Nov 15th, 2022 at 22.046350
The intermediate-term trend has been UP since Apr 19th, 2024 at 41.603679
The short-term trend has been DOWN since May 5th, 2024 at 40.356708
Smart Scan Analysis for GBPTRY
Based on our trend formula, GBPTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.346527 | 40.455668 | 40.096160 | 40.295820 | -0.050707 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.346527 | 2024-05-09 10:32:20 |