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Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Turkish Lira/Euro (FOREX:TRYEUR)
Crossroads (+60) - TRYEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TRYEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYEUR.
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 TRYEUR
The long-term trend has been DOWN since Oct 11th, 2021 at 0.095925
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.029100
The short-term trend has been UP since May 5th, 2024 at 0.028975
Smart Scan Analysis for TRYEUR
Based on our trend formula, TRYEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.028855 | 0.028875 | 0.028815 | 0.028815 | -0.000040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.028855 | 2024-05-08 03:40:10 |