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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Bear Market Rally (-75) - TRYPLN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYPLN as it may be in the beginning of a reversal.

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
0.122950 0.123290 0.121775 0.123265 +0.000315
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 0.436350

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2024 at 0.130745

short term up The short-term trend has been UP since Mar 17th, 2024 at 0.123745

Smart Scan Analysis for TRYPLN

Based on our trend formula, TRYPLN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.122950 0.123290 0.121775 0.123265 +0.000315
Prev. Close Volume Bid Ask Time
0.122950 2024-03-19 06:09:01
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