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Forex Trend Analysis Report

Prepared for you on Monday, May 6, 2024.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Weak Downtrend (-65) - TRYPLN is showing signs of a strengthening downtrend. Monitor TRYPLN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TRYPLN?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYPLN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYPLN
Open High Low TRYPLN Price Change
0.124395 0.124535 0.123680 0.124460 +0.000065
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 0.43635

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 0.12534

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.12412

Smart Scan Analysis for TRYPLN

Based on our trend formula, TRYPLN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.124395 0.124535 0.123680 0.124460 +0.000065
Prev. Close Volume Bid Ask Time
0.124395 2024-05-06 03:15:10
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