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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.

FOREX_CHFTRY
Open High Low CHFTRY Price Change
19.060380 19.140531 18.956910 18.978613 -0.081767
Entry Signal

MarketClub’s Trade Triangles for CHFTRY

long term up The long-term trend has been UP since Oct 8th, 2021 at 9.640071

intermediate term up The intermediate-term trend has been UP since May 10th, 2022 at 15.558520

short term up 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).

+90
Smart Scan Analysis for CHFTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.060380 19.140531 18.956910 18.978613 -0.081767
Prev. Close Volume Bid Ask Time
19.060380 2022-08-15 19:02:50
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