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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2024.

Swiss Franc/Turkish Lira (FOREX:CHFTRY)

Bull Market Weakness (+75) - CHFTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFTRY as it may be in the beginning stages of a reversal.

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.

FOREX_CHFTRY
Open High Low CHFTRY Price Change
40.286814 40.365115 40.222657 40.249500 -0.037314
Entry Signal

MarketClub’s Trade Triangles for CHFTRY

long term up The long-term trend has been UP since Sep 22nd, 2021 at 9.379098

intermediate term up The intermediate-term trend has been UP since Jul 14th, 2024 at 37.017654

short term down The short-term trend has been DOWN since Sep 19th, 2024 at 40.019265

Smart Scan Analysis for CHFTRY

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

+75
Smart Scan Analysis for CHFTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.286814 40.365115 40.222657 40.249500 -0.037314
Prev. Close Volume Bid Ask Time
40.286814 2024-09-20 04:11:58
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