Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Swiss Franc/Turkish Lira (FOREX:CHFTRY)
Long-Term Uptrend (+90) - CHFTRY is in a strong uptrend that is likely to continue. While CHFTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CHFTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFTRY
The long-term trend has been UP since Oct 8th, 2021 at 9.640071
The intermediate-term trend has been UP since May 10th, 2022 at 15.558520
The short-term trend has been UP since Aug 8th, 2022 at 18.833776
Smart Scan Analysis for CHFTRY
Based on our trend formula, CHFTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).