Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
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.
MarketClub’s Trade Triangles for CHFTRY
The long-term trend has been DOWN since Jan 7th, 2021 at 8.228178
The intermediate-term trend has been UP since Feb 26th, 2021 at 8.225433
The short-term trend has been UP since Feb 22nd, 2021 at 7.819877
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).