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Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Swiss Franc/Turkish Lira (FOREX:CHFTRY)
Weak Downtrend (-65) - CHFTRY is showing signs of a strengthening downtrend. Monitor CHFTRY as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for CHFTRY
The long-term trend has been UP since Mar 22nd, 2019 at 5.726400
The intermediate-term trend has been DOWN since May 14th, 2020 at 7.099967
The short-term trend has been DOWN since May 7th, 2020 at 7.262021
Smart Scan Analysis for CHFTRY
Based on our trend formula, CHFTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.005085 | 7.023680 | 6.991691 | 7.015430 | +0.010345 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.005085 | 7.011670 | 7.019190 | 2020-05-25 14:52:06 |